Tim Hailes, v.p. and assistant general counsel at
JPMorgan in London, explaining the problems resulting from some
derivatives houses not switching to the International Swaps and
Derivatives Association's 2002 equity derivatives
definitions.
Rising energy costs, inflation and interest rates may all sound a bit 2023 in the face of the latest fears about AI Armagaddon but this is what will drive the bond market for now
French covered bond trading levels have become increasingly divorced from OATs since the start of 2024, offering a golden opportunity to issuers ahead of a likely volatile period