Teresa Carpi

This case outlines the different sections in a bank’s treasury department: market making, directional bets and distribution. Faced with a specific situation, two analysts take different positions on financial instruments, one in US national debt (“Treasury”) and the other an investment in foreign currency (dollars against euros) and have to decide whether to close their operation or keep going. The arguments and results of both decisions are studied, within the framework of the politics of a bank’s treasury department.
Collection: IESE (España)
Ref: F-799-E
Format: PDF
Number of pages: 4
Publication Date: Jan 20, 2009
Language: English, Spanish

Description

This case outlines the different sections in a bank’s treasury department: market making, directional bets and distribution. Faced with a specific situation, two analysts take different positions on financial instruments, one in US national debt (“Treasury”) and the other an investment in foreign currency (dollars against euros) and have to decide whether to close their operation or keep going. The arguments and results of both decisions are studied, within the framework of the politics of a bank’s treasury department.
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Year: 2006
Geographic Setting: Global

Teresa Carpi

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"Teresa Carpi"