TLAC-driven CDS index change tipped for September

UK and Swiss bank Holdco CDSs likely inclusions in next iTraxx index roll, say strategists

turning point ahead
Turning point ahead: but strategists say it could be a phased approach

Credit experts say a key iTraxx credit derivatives index is likely to include bank holding company references from the September roll, after IHS Markit decided to postpone the move last week.