IFR Magazine – January 20, 2018

Top news

Banks hit by Carillion collapse 06 China and sovereign workouts 06 Big year for Argentina ECM 08

Goldman enjoys DCM boom but trading slumps

„ People & Markets Increased focus on debt underwriting starts to pay off

BY PHILIP SCIPIO, STEVE SLATER

At the same time that GOLDMAN

SACHS was turning in its worst

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came in at US$909m, up 61% from a

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Investors cry foul over CDS ‘fraud’

„ Derivatives “Devious” deal would trigger default and save firm from losses

BY DAVIDE SCIGLIUZZO,

MATTHEW DAVIES

The CDS market is up in arms

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