Credit Suisse excess swaps collateral falls by 45%

Huge buffer set tongues wagging, but has shrunk dramatically in past three months

Credit Suisse offices

The mysterious case of Credit Suisse and the mushrooming collateral buffer may have been solved. For around a year, figures published on a fortnightly basis by the National Futures Association have shown the Swiss bank holding billions of dollars in collateral over and above the total required of its swap clearing clients.

That was causing tongues to wag, with rival banks wondering whether the bank was funding the excess itself, and – if so – how it could make money in what is a low-margin

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here