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[Contagion] Another Chinese property developer, Kaisa, missed payment.

November 4, 2021, 9:42 PM by Alex Mark

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Categories On Wire

The most expensive NFT ever sold has a surprising secret

Quarterly bank OCC report: Total Swaps jumped by $10T of nominal value in 2021 after being flat for the last 5 years. GS still leveraged 136:1 on their nominal derivatives, but was reduced. Top 5 increased their swaps by ~$1T each. Top 4 added $200B in short term Equity Derivatives alone.

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