Express

Former Lehman Brothers CFO: JPMorgan’s New Crypto Bond is Not for the Faint of Heart

Amy Liu

Summary: Brad Hintz, former corporate treasurer for Morgan Stanley and CFO for Lehman Brothers said that JPMorgan’s new “structured notes” for cryptocurrency-related stocks has many risks, "not for the faint of heart." If the overall market declines or goes flat, an investor in this note is toast.  Structured products like this are typically engineered for specific investors ...

Brad Hintz, former corporate treasurer for Morgan Stanley and CFO for Lehman Brothers said that JPMorgan’s new “structured notes” for cryptocurrency-related stocks has many risks, "not for the faint of heart." If the overall market declines or goes flat, an investor in this note is toast. 

Structured products like this are typically engineered for specific investors who don’t want an OTC derivative contract that could easily deliver the same return characteristics as the note.

By Amy Liu

Last Update:

Tags: ,,
Link: Former Lehman Brothers CFO: JPMorgan’s New Crypto Bond is Not for the Faint of Heart   [Copy]
Next:

Related Articles

  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 2 days ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 3 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 6 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 7 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 9 days ago

    • You need to login to comment.