Ask 28 people from different countries to sit in a room and describe, in their own languages, intricate details of their banking systems and, without a gifted linguist, even the most brilliant of financial minds will struggle to make sense of it. Ask everyone to communicate in a common language – say, English – and the points of similarity and difference will become much clearer; the problems easier to identify and to resolve.
That’s pretty much what has been happening with the reporting of
- Quant Finance Master’s Guide 2019
- People moves: SocGen adds in prime services, Deutsche fills new rates hole, HSBC makes model move, and more
- Brexit threatens to reopen Asian bail-in clauses for EU banks
- Podcast: Kenyon and Berrahoui on the pitfalls of PFE
- Cross-currency swaps could hasten RFR shift in Australia