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Derivatives

Gavel

Financial Markets

Nomura Sues Over Derivatives Case

Nomura filed a claim in London against Banca Monte Paschi di Siena SpA the same day Italy’s third-biggest bank lodged a suit against it in an Italian court in a dispute about derivatives.

Barney Rubble v Barney Frank

Financial Markets

Swaps 'Armageddon' Lingers as New Rules Concentrate Risk

On a good day, 27-year-old Bobby Timberlake at CME Group in Chicago rounds up $2.5bn from the world’s biggest traders and banks such as JPMorgan Chase to cover their losses in the $639 trillion derivatives markets.