Europe’s economies are in need of something sweet to help perk up their post-pandemic listlessness. And as the European Commission seeks ways to revive them, banks have been quick to point to a possible solution. Balance sheet synthetic securitisation – an increasingly popular technique that transfers credit risk off bank’s balance sheets – could help, say bankers.

For them, there is some good news. Europe’s banking watchdog, the European Banking Authority, recently completed its feasibility