Cruises Are Booming As Airlines Struggle
The cruise industry is proving uniquely resilient as the travel industry navigates rocky economic waters and airlines prepare to trim their schedules as demand sinks. Cruise giants Carnival and Royal…
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…