Epstein Secrets

s under the EU's Resolution & Recovery Directive (RRD) will be brought forward to 2015 from the current 2018 time-frame. • As such, our colleagues in European Credit have examined the implications of changing recovery rate expectations across the bank capital structure. Assuming that covered bonds remain outside t

ent decline by the summertime. Commodities • Commodities rallied this week, up almost 2%, led by energy. We went tactically long Brent in last week's J.P. Morgan View as we believed that the correction in oil markets had brought prices too far below our price forecast of $112/bbl. Since then Brent is up around 1.5%

s under the EU's Resolution & Recovery Directive (RRD) will be brought forward to 2015 from the current 2018 time-frame. • As such, our colleagues in European Credit have examined the implications of changing recovery rate expectations across the bank capital structure. Assuming that covered bonds remain outside t

ent decline by the summertime. Commodities • Commodities rallied this week, up almost 2%, led by energy. We went tactically long Brent in last week's J.P. Morgan View as we believed that the correction in oil markets had brought prices too far below our price forecast of $112/bbl. Since then Brent is up around 1.5%

olution & Recovery Directive (RRD) will be brought forward to 2015 from the current 2018 time-frame. More details in ... • As such, our colleagues in European Credit have examined the implications of US Credit Markets Outlook and Strategy, Eric Beinstein changing recovery rate expectations across the bank capital

ent decline by the summertime. Commodities • Commodities rallied this week, up almost 2%, led by energy. We went tactically long Brent in last week's J.P. Morgan View as we believed that the correction in oil markets had brought prices too far below our price forecast of $112/bbl. Since then Brent is up around 1.5%