Credit default swaps referenced to financial services and telecommunications firms were the most active in the global CDS market in January, according to New York-based interdealer broker GFI.
For the first time in more than a year, motor manufacturing was no longer the most active sector in US CDS trading. Instead, financial services dominated, led by California-based Countrywide Home Loans. Clothing retailer Gap and carmakers General Motors and Ford were also on GFI’s most active single-name l
The week on Risk.net, July 7-13, 2018Receive this by email