CDS trades litigation possible for funds


Over five years on from the financial crisis, how has the litigation landscape changed? It is a statement of obvious fact that the financial services industry has been exposed to extraordinary pressures. At the beginning of the financial crisis, it was a question of survival: a number of banks considered systemically important were bailed out by the taxpayer; others, such as Lehman, were allowed to fail – and we all still bear the scars from those decisions. In the intervening period, m

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