Into the Unknown
Swaps Why do companies or entities construct swaps? Because they want to change the nature of cash flows, or leverage strengths in different markets. But there is an implicit assumption that the companies / entities continue to exist. If one of them were to default, it will expose the counter party to a big risk….
Understanding Financial MarketsUniversity of Geneva Let’s talk money! With 15+ years of investment experience, this course really struck a chord in my heart. Equities, bonds, hedge funds, forex and central banks. Hear! Hear! They remind me lots of moments and memories. Mr. Michel Girardin made this course vivid and wonderful. I am impressed by the demonstration of duration of…