Inside Wall Street’s booming $1tn ‘synthetic risk transfer’ phenomenon
When Wirecard went belly up a few years ago, Deutsche Bank ended up with a loss of just €18mn — miraculously little for a bank that had up until then…
Trading assets at US banks cross $1tn for first time since financial crisis
Stay informed with free updates Simply sign up to the Investment Banking myFT Digest — delivered directly to your inbox. The trading accounts of US banks topped $1tn in the…