Entries by Samuel Alalade

duETS, Swaps, Counterparty Risk and Transparency

We have seen another example of the damage that swaps with their underlying counterparty risk and lack of transparency can do to the banks that issue/hold them. Credit Suisse, Nomura, and other banks entered into total return swaps on some individual securities with Archegos, a large family office. The family office levered up their positions […]