The urge to merge

Few of the past 20 years have gone by without at least one major bank merger. The chart below shows the ancestry of five of some of today's biggest derivatives players - Citi, Credit Suisse, Deutsche Bank, JP Morgan and UBS. Many of the names that heralded the start of the derivatives business in the 1980s have now disappeared into these larger groups. Salomon Brothers, which dominated the fixed-income market in the 1980s and pioneered innovations such as mortgage-backed securities, has been

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here