Tag:
Hedging Risk
Latest Headlines
Latest Headlines
Achilles Macris in the spotlight at JPMorgan Chase
The $2 billion CDS trading debacle at JPMorgan Chase has already claimed one victim, Ina Drew, chief investment officer, whose office oversaw the disastrous "hedge." But others might resign as well.
Sell-side sticks with JPMorgan Chase
In the wake of the $2 billion trading fiasco at JPMorgan, sell-side analysts seem to be sticking with the company.
What exactly was JPMorgan hedging?
Was it really a hedge? Or was it a prop bet disguised as a hedge?
