Société Générale triples CDS hedging portfolio

Société Générale has tripled the size of its CDO and CDS hedging portfolio over the first half of this year.

At the end of June, the bank had €22.1 billion hedged - up from €7.5 billion at the end of December, it revealed in its first-half results published today.Speaking at the announcement of the results in Paris, Jean-Pierre Mustier, chief executive of corporate & investment banking at Société Générale, said the increase is not an indication that the bank is bracing itself for a turn in th

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net 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 indvidual account here: