Financial Times FT.com

UK house prices

Debt start-ups aim to fill credit gap

By Anousha Sakoui

Published: August 27 2009 19:24 | Last updated: August 27 2009 19:24

A wave of new companies focused on trading, restructuring and financing risky European debt have been established in the wake of the financial crisis.

In Europe, at least 13 new credit market start-ups, specialising in riskier debt, have emerged, according to Standard & Poor’s leveraged commentary and data service. But the list gets longer daily.

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