Thursday , May 8 2025
Home / Mike Norman Economics / Banker exodus

Banker exodus

Summary:
This is one indirect way the GSIBs benefit if the equity prices are reduced to their Fed mandated -55% hedge level... wipes out the ankle biting competitors ...Credit Suisse is experiencing an exodus of bankers following its .5 billion hit from Archegos https://t.co/oGEfo2CDgr— WSJ Markets (@WSJmarkets) May 18, 2021

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Robert Vienneau writes Austrian Capital Theory And Triple-Switching In The Corn-Tractor Model

Mike Norman writes The Accursed Tariffs — NeilW

Mike Norman writes IRS has agreed to share migrants’ tax information with ICE

Mike Norman writes Trump’s “Liberation Day”: Another PR Gag, or Global Reorientation Turning Point? — Simplicius

This is one indirect way the GSIBs benefit if the equity prices are reduced to their Fed mandated -55% hedge level... wipes out the ankle biting competitors ...



Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *