Investors try to shrug off banking drama
Wall Street was initially dragged down as banking worries persisted after Deutsche Bank’s costs against default skyrocketed....
European stock markets retreated as investors braced for a week-long central bank rate hike and key news from the banking sector.
The pan-European Stoxx 600...
Deutsche Bank has crashed 15% after a spike in credit default swaps with other European banks, including Commerzbank and Barclays, falling by about 8%....
Following the collapse of FTX at the beginning of November, two top executives from FTX and Alameda Research — Sam Bankman-Fried and Caroline Ellison...
Credit default swaps are hard enough to figure out. Shadow lenders and their repackaging of cash flows from loans into securities come with their own complexities....
