CDS: Spreads continue to widen

Credit default swap 5-year mid-levels for structured products issuers (August 12)

Banco Santander 73.625Bank of America 169.26Barclays Bank 90.04BNP Paribas 55.355Citi 261.49Commerzbank 101.26Credit Agricole 84.81Credit Suisse 72.415Deutsche Bank 108.885Goldman Sachs 129.615HSBC 61.71ICICI Bank 240ING 64.91JP Morgan 76.3KBC Group 224.415Mizuho Corporate Bank 65Morgan Stanley 169.965National Australia Bank 88.3Nordea Bank 84.48Royal Bank of Scotland 137.51Societe Generale 83.655Standard Chartered Bank 92.25Svenska Handelsbanken 77.315UBS 115

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Switching CCP – How and why?

As uncertainty surrounding Brexit continues and the impacts of Covid-19-driven market volatility are analysed, it is essential for banks and their end-users to understand their clearing options, and how they can achieve greater capital and cross…

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