notional value

Could Market Complexity Trigger The Next Crash?

Just like in an avalanche, where various factors at the top of a mountain (accumulating volumes of snow, weather, temperature, geology, gravity, etc.) make up a complex system that is difficult to predict, markets are similarly complex... and prone to instantaneous collapse.

Is The Yuan About To Tumble After Friday's Shocking PBOC News? Here Is Goldman's Take

Following Friday's shocking report about reserve relaxation by the PBOC, Goldman sees 3 key implications: i) authorities may be less concerned about outflow pressures; ii) it marks a possible meaningful step preparing for increased (two-way) CNY volatility; and iii) it points to reduced comfort with the ongoing pace of appreciation.

45 Trillion Reasons Why Gary Cohn Has Recused Himself From All Goldman Matters

“consistent with the stringent ethics rules established by the Trump Administration, Mr Cohn will recuse himself from participating in any matter directly involving his former employer, Goldman Sachs. He will also recuse himself from any matter or potential rulemaking before the CFTC in which Goldman Sachs has participated.”

Trump About To Preside Over New Global Financial Crisis: "Not His Fault, Merely His Misfortune"

"A new global financial panic will be one legacy of the Trump administration. It won’t be Trump’s fault, merely his misfortune... Since 2008, the largest banks in the world are larger in terms of gross assets, share of total deposits, and notional value of derivatives. Everything that was too-big-to-fail in 2008 is bigger and exponentially more dangerous today."

Deutsche Bank Tells Investors Not To Worry About Its €46 Trillion In Derivatives

"The 46 trillion euros figure sounds gigantic, but it is completely misleading. The real risk is far lower" Deutsche Bank's Chief Risk Officer Stewart Lewis told Welt am Sonntag. There is just one problem with this statement: Lewis made an almost identical promise that "Deutsche Bank is fine" two months ago. As it turned out, it wasn't.