A tax inversion happens when a firm relocates its headquarters to another country and declares that country as its domicile for the foreign country’s lower tax rate.
Abraham Park, PhD
Banks have developed various credit derivatives to deal with the credit risk of loans. In addition, banks can use credit derivatives to transfer risk to a third party.
Robert Iritani has more than 30 years of experience in large banking institutions including City National, Wells Fargo Bank, and Union Bank of California.