On the night of the Brexit referendum the British pound went into free fall, but while many watched with horror, a handful of hedge funds were making staggering profits. This is the story of the Brexit Big Short. Featuring Bloomberg writers Cam Simpson, Gavin Finch, and Kit Chellel.
11 years after one of Europe’s biggest banking scandals, 13 executives have been sentenced and financial penalties of $175 million have been dealt. Bloomberg investigates how Deutsche Bank and Monte Dei Paschi cooked their books to make a half billion dollar loss disappear. Reporting by Elisa Martinuzzi for Bloomberg.