Every so often a cool new financial innovation springs up and gains popularity on Wall Street, promising juicy returns for investors. That’s why “synthetic risk transfers” or SRTs are in fashion. But ever since the financial crisis, trendy acronyms have also made some people nervous. And it’s recently caught the attention of organisations such as the IMF. The FT’s Alphaville editor Robin Wigglesworth explains why he’s been following this and whether regulators should be raising the alarm.  - - - - - - - - - - - - - - - - - - - - - - - - - -  For further reading: Inside Wall Street’s booming $1tn ‘synthetic risk transfer’ phenomenon Private credit is even larger than you think Make Europe (securitisation) great again  - - - - - - - - - - - - - - - - - - - - - - - - - -  Follow Robin Wigglesworth on Bluesky (@robinwigglesworth.bsky.social) or on X (@RobinWigg). Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.bsky.social), or follow her on LinkedIn for updates about the show and more. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Pro-crypto investors spent millions to re-elect Donald Trump to the US presidency, after he told voters he wanted to make America the “crypto capital of the planet”. As the second Trump administration begins, what does the crypto sector want most? And, what are the risks if they get it?    Clips from Sky News, Bitcoin Magazine - - - - - - - - - - - - - - - - - - - - - - - - - -  For further reading: Crypto industry dreams of a golden era under Trump The crypto crown princes who could ‘win, win, win’ under Trump  The grim ghost of crypto future - - - - - - - - - - - - - - - - - - - - - - - - - -  Follow Nikou Asgari (@nikasgari) and Michela Tindera (@mtindera07) on X, Bluesky (@mtindera.bsky.social) or follow Michela on LinkedIn for updates about the show and more. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.