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What is the role of Credit Valuation Adjustment (CVA) desks in investment banks?
What does a CVA (Credit Valuation Adjustment) desk do, and how are its activities different from other trading desks? Can you work as a quant for a CVA desk and consider your role "front office"?
Apr 5 '11 at 20:48
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Please welcome jmac, Community Manager of the Rising Sun
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