Technically Fundamental
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Right, here I go again.
It's no secret that banks are huge international operations with massive funds at their disposal, they're in bed with the world and his wife and and they have many subsidiaries etc. I've always wondered whether banks use their power to influence the markets in one part of the world whilst strategically plan hedging/recouping/offsetting any losses incurred or cash flow problems against subsidiaries or other divisions. At the year end the effect on the bottom line would be negligible if the strategy pays off.
Anyone clued up on this where they can cull my curiosity/set me straight?
It's no secret that banks are huge international operations with massive funds at their disposal, they're in bed with the world and his wife and and they have many subsidiaries etc. I've always wondered whether banks use their power to influence the markets in one part of the world whilst strategically plan hedging/recouping/offsetting any losses incurred or cash flow problems against subsidiaries or other divisions. At the year end the effect on the bottom line would be negligible if the strategy pays off.
Anyone clued up on this where they can cull my curiosity/set me straight?