US banks step up their plans for European lending

The forced reshaping of Europe’s banking model by the Basel Committee’s leverage ratio is expected to offer rich pickings for competitors on the other side of the Atlantic

Monday 19 August 2013 at 17:00

A little over a year ago, Financial News discussed Goldman Sachs’ plans to do more lending in Europe with the bank’s head of European financing Jim Esposito.

He was particularly focused on what he termed "non-traditional" lending - sophisticated lending against collateral rather than the simple provision of balance sheet.