BNP, Soc Gen and Natixis all took big risks in the hugely competitive equity derivatives market and have been hit with heavy losses. Only BNP has the scale to take the losses in its stride. Could presage major restructuring.
@ElisaMartinuzzi
bloomberg.com/opinion/articl… https://t.co/Vou59prPcY
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…