derivatives
Business Economy Finance Government History Investment Politics Top News World

Wall Street Derivatives That Helped Crash The Economy In 2008 Are Back — In A Big Way

The U.K.’s Financial Conduct Agency recently fined Merrill Lynch $45 million, once again sparking concerns over the massive derivatives market. The wealth management division of Bank of America failed to report more than 68 million derivatives transactions dating all the way back to 2014. It had already been forced to pay $20 million in 2015 for an earlier offense. Despite Read More…