2012年5月11日 星期五

交易員錯押重注企債產品 「佛地魔」累摩通蝕155億

(綜合報道)(星島日報報道)美國最大銀行摩根大通倫敦分行一名綽號「佛地魔」或「倫敦之鯨」的交易員,被指進行大規模的高風險投機,令摩通蒙受高達二十億美元(約一百五十五億港元)的交易損失。
  摩通押注經濟持續復甦而進行一系列與企業債券價格掛鈎的複雜交易,但上月企債價格開始與摩通所預測相反,令摩通出現投資虧損,早前向美國證監呈交的文件顯示,銀行由多種信貸違約掉期(CDS)組合而成的合成信貸資產組合(synthetic
credit portfolio)市值顯著下滑,而今次二十億美元虧蝕則是摩通沽貨時發生。
  大額CDS交易曾賺大錢
  英美傳媒報道,導致虧損的主角是在首席投資辦公室(CIO)倫敦分部工作的交易員伊科西爾(Bruno Michel
Iksil),他一九九一年在法國巴黎中央理工學院工程學系畢業,加入CIO後負責管理信貸部。因進行大額信貸違約掉期(CDS)交易而被外界稱為「倫敦之鯨」,他過去更曾為公司賺取一億美元。除「倫敦之鯨」外,伊科西爾的另一個綽號是「佛地魔」。「佛地魔」是小說《哈利波特》中的主要奸角,他在故事中魔力強大,翻手為雲。未知是否因伊科西爾在金融市場可進行巨額交易買賣,故被稱為「佛地魔」。據報,他曾把自己比作耶穌,聲稱可以在「水上行走」。
  部門可動用2000億美元
  現時伊科西爾仍然留在CIO工作。據稱,今次損失發生之時,摩根大通正試圖縮小此類交易規模。消息透露,直到四月十三日摩通召開一季度盈利分析電話會議之後,行政總裁戴蒙(Jamie
Dimon)才了解真正的虧損規模。
  伊科西爾工作的CIO是摩通的投資部門,負責管理銀行的風險,並以銀行資金就銀行的風險進行對沖,進行類似坐盤交易的買賣,有指伊科西爾的信貸部可動用投資資金為二千億美元,在二○一○年更錄得五十億美元盈利。
  總裁認投資策略差劣
  有「華爾街之王」之稱的戴蒙在美國時間周四晚上緊急召開分析師及投資者電話會議,向外界公布虧損。他表示今次的投資策略是「有錯漏、複雜、差劣檢討、差劣執行及差劣監管」,也承認錯誤是「令人震驚及自己造成」,但他強調銀行會修補錯誤及繼續前進。摩通股價在美國周四收市後交易時段下跌百分之六點八,報三十七點九八美元。
星島日報
(Roundup) (Sing Tao Daily reported), the largest U.S. bank JP Morgan Chase London Branch a nickname "Buddha magic" or "London Whale trader accused of large-scale high-risk speculation, so that JP Morgan suffered up to two billion U.S. dollars (approximately HK $ 15.5 billion) trading loss.JP Morgan bets sustained economic recovery and a series of complex transactions linked to the corporate bond prices, corporate bond prices began last month and JP Morgan Contrary to predictions, the JP Morgan investment losses earlier to the documents submitted by the United States Securities and Futures Commission banks from a variety of credit default swaps (CDS), a combination of synthetic credit portfolio (syntheticcredit a portfolio) the market value of a significant decline in the two billion U.S. dollars losses occurred when JP Morgan selling securities.Large amount of CDS transactions had big moneyAnglo-American media reports, the loss resulting from the protagonist is the Chief Investment Office (CIO) in London trader ico Sylvester (Bruno MichelIksil) Engineering Department of Ecole Centrale de Paris in France in 1991 graduate, join the CIO responsible for managing the credit department. Large credit default swaps (CDS) transactions outside as the "London Whale", he used more who earn one hundred million U.S. dollars. In addition to the "London Whale, ico Sylvester Another nickname is" Voldemort ". "Buddha magic" is the novel "Harry Potter" in the main villains, powerful magic in the story, Conspire. Unknown to whether 因伊科西尔 in the financial markets can be huge trading trading, it was known as "Voldemort". It was reported that he once likened to Jesus, claiming that in the "water walking".Departments can spend $ 200 billionIco Sylvester now remain the work of the CIO. Allegedly, this time of loss, JP Morgan Chase is trying to shrink the scale of such transactions. Sources, until after the April 13, JP Morgan held the first quarter earnings conference call, Chief Executive of Dimon (JamieDimon,) came to understand the true scale of losses.The Majko Sylvester, CIO of JP Morgan's investment department, responsible for managing the bank's risk, and to hedge against the risk of bank funds, bank, similar to the proprietary trading trading, refers to, ico Sylvester credit available The investment capital of U.S. $ 200 billion, even recorded a profit of five billion U.S. dollars in mid-2010.CEO poorly recognized investment strategy"Wall Street" Damon in the U.S. time on Thursday night held an emergency analyst and investor conference call to announce losses to the outside world. He said that this investment strategy is to "mistakes, complicated, bad review, poor execution and poor supervision", also admitted that the error is "shocking and self-inflicted, but he stressed that the bank will repair the error and continue to move forward . JP Morgan shares in the United States on Thursday after the close of trading hours fell 6.8 percent, to $ 37.98.Sing Tao Daily

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