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Sun, sea and basis swaps arbitrage
The global capital markets are about to enter the holiday season – a period traditionally celebrated with greater gusto in Europe than in...
City bankers fear the French kiss of death
Britain and France have a long history as partners, but also as rivals. Any friction that occurs between the nations inevitably carries...
The business of New York is now beating up business
“Not so fast you greedy bastards” screamed the New York Post front page last Wednesday.
Dealers scramble for collateral as Lehman CDS unwinds begin
Volumes traded in the credit default swaps market were enormous and ranges were huge during a remarkable week in which Lehman Brothers...
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