Credit Suisse traded most with top Pimco funds in 2019
Bank’s US securities arm conducted trades worth $639 billion over 12 months to end-March 2020
The five largest Pimco mutual funds, with combined assets under management of $244 billion as of Q1, executed trades worth a collective $639 billion with Credit Suisse over the 12 months to end-March, regulatory filings show.
The US-based securities dealer of the Swiss bank was the top trading counterparty for both the Pimco Total Return Fund and Pimco Income Fund over this period, with principal
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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@risk.net
More on Risk Quantum
Santander’s TLAC ratio drops to all time low
Leverage-based headroom narrows to 35bp in Q3 as eligible resources decline by €10bn
Hedge fund side-pocket assets jump 25% to record $146bn
Largest quarterly increase on record comes amid growing concerns over liquidity in private markets
Wells Fargo’s problem commercial loans shift towards C&I
Share of commercial nonaccruals tied to C&I more than doubles since late 2023
UK banks face divergent Basel 3.1 capital outcomes
Barclays’ RWA increase could erode Pillar 2A relief, while Lloyds expects a double benefit
KeyCorp locks in future rates with $6.8bn swaps additions
Forward hedges rise to $10bn as lender prepares for rate uncertainty
Bank Mandiri’s SFT exposures more than double in Q2
Surge in repo and derivative exposures adds pressure on leverage ratio
Japan Post unrealised losses climb to ¥5.7trn in Q3
Markdowns on HTM JGBs equal to 17% of book value
EU carve-out halves BNP Paribas’ cross-border G-Sib activity
Basel consultation could cement preferential treatment for European banks in G-Sib framework
