We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Dizzying complexity

13 May 2009

Overall, the plan is reasonable. Centrally clearing standardised products, requiring dealers hold sensible capital and demanding more disclosure makes sense. But unless bespoke products can be brought to heel, banks may focus on more profitable but riskier complex instruments.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)