Bloomberg Q&A: Looser Bank Rules Won't Slow Asset Based Finance Too Much, PGIM Says

Gabe Rivera and Edwin Wilches, CFA, Co-Heads of Securitized Products at PGIM Fixed Income answered questions from Bloomberg about asset-based finance, including:

• Financial regulations are likely to ease in the Trump administration, particularly for banks. What does this mean for the growth of asset-based finance?
• What's the long-run approach regulators are taking to de-risk the banking system?
• Other than post-2008 regulations, what else has contributed to the rise of asset-based finance?
• Asset-based finance is becoming more crowded and spreads are compressing. How do you make sure you're accurately assessing risks?