Who benefits?

Risk analysis

pg52-rowe-gif

Last month's cover story in Risk highlighted concern about the use of derivatives by inexperienced German municipal finance departments. The article recalled the events of 1994, which was a tough year for derivatives professionals. After long boasting about the notional volume of contracts booked, many professionals retreated to describing themselves as mere financial managers. The catalyst for such atypical modesty was a string of well-publicised losses during the course of the year. Promin

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: