Shorting the Dollar: A Tidal Wave of Bets After the Fed’s Pivot
The Federal Reserve’s recent “great pivot” has triggered a surge in bearish bets against the US dollar, with speculative traders…
Category: Banking
Citigroup Cuts Distressed Debt: Reshaping the Bank for Higher Returns
Citigroup, the US banking giant, has made another major strategic move in its ongoing transformation, this time exiting the distressed-debt…
Latvia’s Ex-Central Bank Chief Jailed for 6 Years in Landmark Corruption Case
In a landmark verdict, Latvia’s former central bank governor, Ilmārs Rimšēvičs, was sentenced to six years in prison for bribery.…