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Leaving Las-Vega: Nomura Structured-Notes Head Says Banks Face 'Hedging Squeeze' Amid Booming Business
Leaving Las-Vega: Nomura Structured-Notes Head Says Banks Face 'Hedging Squeeze' Amid Booming Business
Structured notes have been booming, with SEC-registered US notes on track to hit about $300 billion this year, up from roughly $200 billion last year. But the demand that had been levitating option premiums has gone, according to Alex Micalizzi, Nomura's international head of equity structured notes, leaving the banks that sell these notes with more volatility to offload than the market wants to absorb.Asked on Bloomberg's Odd Lots whether the pullback reflected tight balance sheets or...
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Sep 8, 2026 / Tyler Durden
Iran Says Basij Force Commander Killed In Mystery Insurgent 'Terror Attack'
Iran Says Basij Force Commander Killed In Mystery Insurgent 'Terror Attack'
American and Israeli officials have continued to speculate about fomenting some kind of internal rebellion or large-scale street uprising inside Iran, in hopes of toppling the leadership of the Islamic Republic. Bombs have largely fallen silent, for now.
But the longer the Iran war drags on, amid sporadic tit-for-tat action between US and Iranian forces as they clash over who controls the Strait of Hormuz, the more unlikely the kind of groundswell of protests like what was seen last January...
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Oct 14, 2026 / Tyler Durden
"NO TURKS - ALL OUT" - CDU Candidate With Turkish Background Allegedly Faked Hate Crime Attack
"NO TURKS - ALL OUT" - CDU Candidate With Turkish Background Allegedly Faked Hate Crime Attack
Authored by Remix News Staff via Remix,
Prosecutors have opened an investigation into a local Christian Democratic Union (CDU) mayoral candidate of Turkish origin who is accused of staging a racially motivated attack on his own car days before an election he lost badly.
While running for a position in the CDU, Baris Karabacak allegedly committed a hate crime hoax.The Itzehoe public prosecutor's office is examining allegations that Baris Karabacak faked the incident, according to the...
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Jun 10, 2026 / Tyler Durden
Health Team To Monitor Wastewater, Social Media At World Cup For Outbreak Detection
Health Team To Monitor Wastewater, Social Media At World Cup For Outbreak Detection
Authored by Kimberley Hayek via The Epoch Times,
Public health specialists have launched a dedicated surveillance operation to detect infectious disease threats early during the 2026 World Cup by analyzing wastewater samples and monitoring online chatter.
The 39-day tournament begins on Thursday in Mexico. Organizers estimate more than 6.5 million soccer fans from more than 100 countries will attend 104 matches spread across venues throughout the United States, Canada, and Mexico. The global travel of a worldwide audience to...
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