Sector: Derivatives

Equity derivatives interview questions from Goldman Sachs

Equity derivatives are going to be totally steaming, at least compared to all other areas in 2011 according to analysts at JPMorgan. You may therefore be interested to know what Goldman Sachs is allegedly asking in equity derivative interviews this year. The questions below were sent in by a student for our latest iPod competition, [...]

By Sarah Butcher, 6 December 2010 • 8 comments

The new hot thing: CVA trading

Counterparty valuation adjustment (CVA) desks are nothing new. Most major US banks have had them for a while. However, thanks to Basel III capital rules related to CVA, the area is becoming substantially more popular. For anyone unfamiliar with the concept, CVA desks are an internal function which aggregates counterparty risks across the bank. Having [...]

By Sarah Butcher, 11 October 2010 • 10 comments

Can Pandit handle it (and should you steer clear of Citi if not)?

If Meredith Whitney’s right, Citi’s going to the dogs no matter how hard Vikram Pandit tries to bed it down amongst the roses. Whitney says Pandit faces an “impossible feat” in turning Citi around. The associated costs, according to Whitney, are simply too “seismic” and the revenue streams too feeble. From the Whitney perspective, Pandit’s [...]

By Sarah Butcher, 15 May 2008 • 11 comments