A Derivatives View On Q1 That Might Help Explain Q2 (and after)

By |2018-07-13T18:52:28-04:00July 13th, 2018|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Morgan Stanley is bit more complicated as a derivatives dealer than the Big 4. Those other banks hold most of their books at their bank subsidiaries. In this case, the term bank actually means something, the legal distinction of a depository institution. Each of the four banks, JPM, C, GS, and BofA, have a holding company umbrella over them like [...]