There’s been no details yet, but my dream would be a spotify-like radio service that tied into iTunes Match and throttled the number and frequency of ads based on how much of the music you listened to that you didn’t already own and allowed you to save playlists/stations as well as listening history so as to tie-in to iTunes cross-selling, allowing for a comparable listening experience to spotify but with less ads and ecosystem integration
Deutsche Bank has unveiled plans to hive off €135bn worth of risk-weighted assets into a bad bank – a key plank in its strategy to boost its Core Tier 1 ratio under Basel III to over 10% by 2015.
for the most part these were “seasoned, well-performing assets” but syphoning them off made sense as they “no longer support client relationships”. One market analyst at a US bank noted that the market for structured credit had also improved this year, which could be conducive to unwinding these positions.
“Structured credit is coming back after effectively being wiped out after the Lehman crisis,” said the analyst. “My guess is DB is trying to exploit this increased interest, and structure these assets in a way that removes the riskiest parts via equity tranches, and sell structures on to yield-hungry investors.”
— Goldman, Joanne Abel (1957). Building New York’s Sewers p12. Purdue University Press