Morgan Joint Venture Socked By Derivatives Losses
Mitsubishi UFJ Morgan Stanley Securities recorded losses of USD1.75 billion in its first year of operation from a series of hedged bets on derivatives trading related to interest-rate and fx swaps.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts