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Dealer and Investor Talks Over Liquidity Fears

From cnbc.com

The largest Wall Street securities dealers held talks with institutional investors in Boston last week to discuss concerns over shrinking liquidity in the corporate bond market and the rise of electronic trading. People who attended said the unusual summit involved asset manager Fidelity and banks including Goldman Sachs, Deutsche Bank, State Street, Barclays, Credit Suisse, Citigroup, Morgan Stanley, Bank of America, JPMorgan Chase and UBS. The banks either declined to comment or could not be reached. Since the financial crisis, large Wall Street securities dealers have sharply cut their holdings of corporate bonds, ... (full story)

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