“We now have two (instruments), an interest rate floor and the short. We're keeping the short hidden away in a little box for now, in case we need it.”
“Parent banks' stakeholders are not necessarily the same as those of their subsidiaries. Moreover, their interests may diverge, especially during a crisis.”
“We expect vigorous growth for the first quarter of the year. If we continue having this type of industrial production data we will surely have to revise growth (estimates) upwards.”
