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Credit Suisse in a $4.7 Billion Bind Thanks to Hwang’s Leveraged Bets
Even the world’s biggest banks have difficulty keeping track of risks involved with financial innovations like CFDs.
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BTC$62,475.00+0.38%
ETH$1,663.26+0.83%
USDT$0.9987-0.02%
USDC$0.9997-0.01%
XRP$1.09-1.41%
SOL$69.08+0.63%
TRX$0.3312+0.66%
FIGR_HELOC$1.03-0.15%
HYPE$62.30+0.01%
DOGE$0.0786-0.38%
USDS$0.9995-0.02%
RAIN$0.0159+0.82%
LEO$9.52-0.54%
ZEC$412.83-1.59%
XLM$0.1907-0.36%
Recent trading activity has landed some banks in hot water. Now, FINRA is trying to take action - but will they?
Even the world’s biggest banks have difficulty keeping track of risks involved with financial innovations like CFDs.
A staple of day trading, leveraging your stock bets can reap great profits. This is an example of a catastrophic one.