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Advising bank |
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In 1999 she was promoted to vice president, with responsibilities for
managing the Bank's facilities, protection, and administrative
services functions and advising Bank executives on EEO matters. Her practice
focuses on advising banks, broker-dealers and other institutions
regarding credit risks involved in cross-border derivatives and other
complex financial transactions, including the enforceability of rights
to close-out, net and liquidate collateral upon a counterparty
insolvency.
The advising bank itself made commitments to purchase receivables from
the program at par to ensure payment of maturing commercial paper,
effectively combining 100 percent credit enhancement and liquidity
backup in one facility. |
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