Biography
Ladislao Vidal, CFA, is a sales executive at FIS, which provides technological solutions for the banking sector. He joined the company in 2017 as a consultant helping banks across Europe improve their risk and treasury frameworks and decision making. Previously, Vidal worked at several tier 1 banks, assessing their liquidity and credit risk. He started his career as derivatives trader at a commodities firm. Vidal holds a master's in finance from Carlos III University, is a CFA charterholder, and enjoys chess, reading, and endurance sports.
With Federal Reserve Chair Jerome Powell's semiannual address to the Senate Banking Committee this week fresh in mind, it is an ideal time to consider the drivers of r*.
The foreign exchange (FX) swap market ought to be both transparent and well regulated. It is neither.
To understand the mid- to long-term outlook for the banking sector, we need to understand the key drivers at work in the industry today.