Liquidity relief in the U.S. may not translate across the Atlantic, and analysts in Europe have begun positing how Europe would benefit from the $75 billion master liquidity enhancement conduit (M-LEC), set up primarily by Bank of America, Citigroup and JPMorgan Chase with the U.S. Treasury Department.

While many institutions have already officially declared their support for the trust, it's unlikely that the Continent will replicate a similar setup; nonetheless, European banks are already coming up with similar solutions.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.