Tag: Credit default swaps
The five-million-euro deal could have triggered a Deutsche Bank price drop
Deutsche Bank AG The stock of the money house fell significantly on Friday. (Photo: Bloomberg) Frankfurt Financial regulators are investigating a trade in Deutsche Bank’s credit default swaps (CDS) that…
The markets worry about new bank failures
Traders on the New York Stock Exchange The SVB bankruptcy fuels great uncertainty. (Photo: AP) New York, Zurich After the Silicon Valley Bank (SVB) collapse, Joe Biden personally reassured the…
Erdogan lowers interest rates through the back door
Istanbul A year ago, anyone who wanted to fill up their VW Passat in Turkey had to pay around 300 lira. It is now 1200 lira. The prices at the…