But this isn’t the wild, bells-and-whistles invention of the industry’s past, insists Hichem Souli, global head of equity derivatives structuring at BofA.Ultimately, wherever we are innovating, what we care about is that we can hedge all of these innovations. We’re not creating innovation for the sake of it,” he says.
Keeping risk on a tight leash can also create opportunities to grow, as the bank proved in helping clean up one of the year’s trouble spots.
0 Comments