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Published 8 years ago by ticktack with 1 Comments
by ticktack
8 years ago 1

U.S. banks moved billions of dollars in trades beyond Washington’s reach

This spring, traders and analysts working deep in the global swaps markets began picking up peculiar readings: Hundreds of billions of dollars of trades by U.S. banks had seemingly vanished. “We saw strange things in the data,” said Chris Barnes, a former swaps trader now with ClarusFT, a London-based data firm.

Continue Reading http://www.reuters.com

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  • jcscher
    +3

    i am not surprised by this .

    8 years ago
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