Tense market conditions in 2012, largely attributed to the economic malaise hanging over Europe, calmed towards the end of the year, as equity markets took a turn upwards and investors opted for a risk-on approach. Improved confidence in corporate credit has also fuelled a move from certificate of deposits to pure structured notes as buyers prove willing to accept the risk. A fellow driver for this trend is cash-rich banks and the cost of Federal Deposit Insurance Corporation cover.
But those wh
The week on Risk.net, July 7-13, 2018Receive this by email