CDS: Spreads widen tracking stocks

Credit default swap 5-year mid-levels for structured products issuers (August 19)

Banco Santander 80.535Bank of America 169.5Barclays Bank 99.5BNP Paribas 61.045Citi 283.305Commerzbank 108.065Credit Agricole 93.3Credit Suisse 89.555Deutsche Bank 121.345Goldman Sachs 147.88HSBC 69.16ICICI Bank 257.895ING 67.575JP Morgan 73.765KBC Group 227.7Mizuho Corporate Bank 65Morgan Stanley 189.755National Australia Bank 87.51Nordea Bank 82.445Royal Bank of Scotland 140.32Societe Generale 92.56Standard Chartered Bank 100.04Svenska Handelsbanken 75.025UBS

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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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