by Anne Bannerman | Jun 15, 2023
Swiss Franc Shock of 2015, a Wake-up Call in Risk Management I. Introduction The Swiss franc, traditionally viewed as a “safe-haven” currency due to its stability and the strength of the Swiss economy, has long played a pivotal role in the global currency markets....
by Anne Bannerman | Jun 14, 2023
Last week we had a quieter week after the volatility ahead of the debt ceiling agreement. With much detail to digest the market looked towards the CPI and interest rate decisions coming up. The US Dollar traded lower through the week as the FOMC decision could be the...
by Anne Bannerman | Jun 8, 2023
Jérôme Kerviel and Société Générale: From Prestigious Beginnings to Unprecedented Scandal Before we delve into the saga of Jérôme Kerviel, it’s important to understand the institution he was part of – Société Générale. Founded in 1864, Société Générale is one of the...
by Anne Bannerman | Jun 7, 2023
Last week we saw the predictable debt ceiling agreement. This was then duly passed in the house and senate. With the week ending with good employment payrolls markets took a further leg higher. The US Dollar fell slightly with the DXY ending the week 0.2% lower. The...
by Anne Bannerman | May 31, 2023
I. The Demise of Barings Bank A Pillar of Global Finance with Far-Reaching Influence Founded in 1762, Barings Bank was not just the oldest merchant bank in London but a beacon of prestige in the international financial sector. Its illustrious history and influential...