Episode 67: What are Credit Default Swaps and how did they contribute to the GFC?

This week Joel and Louis introduces Huw Davies the new Lead Investment Analyst and Trader at United Global Capital, formally of HSBC London, Deutsche Bank London and Morgan Stanley. In this episode we delve into Huw’s experience working within the Over-The-Counter (OTC) derivatives team at the pinnacle of the Credit Default Swaps (CDS) market right before the GFC in 2008.