Banc its share price dropped recently because analysts and investors concerned about the heavy use of bank interest rate derivatives. Dick Lodge, chief investment officer at the head of investment banking and derivatives portfolio, the Director General shall recommend a course of action to allay the fears of investors and to communicate to the market causes Banc its use of derivatives. The Bank uses interest rate swaps to manage its income sensitivity to changes in interest rates and, as an attractive investment alternative to conventional securities. "Hide
by Peter Tufano, Benjamin C. Esty Source: Harvard Business School 29 pages. Publication Date: February 25, 1994. Prod. #: 294079-PDF-ENG