Exact(6)
But as regulators press for banks to be safer, demand for these maneuvers — known as capital relief trades or regulatory capital trades — has been growing, especially in Europe.
"These trades are a good thing," said Richard Robb, a New York money manager whose firm, Christofferson, Robb & Company, has been structuring regulatory capital trades for more than a decade.
"I think we are going to see more of these type of trades in the U.S. given the demands by regulators to hold more capital," said Kevin White, a former executive at Lehman Brothers who founded Spring Hill Capital Partners, which is working with banks to structure regulatory capital trades.
Eric Meyers Shariah capital trades on London's dicey AIM market but is headquartered on Elm Street in New Canaan, Conn.
In addition to expanding overseas operations, Repetto says E*Trade is moving brokerage operations under the banking arm of the company, providing more buying opportunities for clients and creating efficiencies in capital trades for the investing arm.
Eric Meyer's Shariah Capital trades on London's dicey AIM market but is headquartered on Elm Street in New Canaan, Connecticut.
Similar(54)
And Citigroup is marketing a second risk capital trade involving shipping loans, according to people briefed on the matter.
Today his grandsons run warehouses all over the capital, trading in furniture left behind by the estimated 2m Iraqis who have fled since Iraq's 1991 defeat.
American officials say said the new sanctions are beginning to bite — choking Iran's access to foreign capital, trade and investments.
In particular, he wanted MF Global to risk its own capital, trading for its own account, just like Goldman had so successfully done when he was running it.
These are early days, but as the regionalization of capital, trade and people continues, a single currency could eventually be a realistic possibility.
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