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April 22, 2020

Bloomberg Law

In a recent Bloomberg Law article titled “Banks Confronted by New Risks are Roiling Global Funding Markets,” Stroock’s Akshay Belani discusses the increase in margin calls for banks as a result of the market turmoil caused by the COVID-19 pandemic.

“The system appears to be handling the first wave well for now,” he notes, “but we know the same pressures are everywhere and are likely to continue.”

Read the full article here.