Barclays led UK banks in growing CDS book through Covid shock
First-half trading against the backdrop of the coronavirus pandemic shaped top UK dealers’ credit derivatives portfolios in very different ways.
Barclays led rivals HSBC, Standard Chartered, Natwest and Lloyds in growing the notional size of its credit derivatives portfolio the most over the six months to end-June, by 8% to £800.5 billion ($1.03 trillion). Index credit default swap (CDS) notionals accounted for 53% of the first half total, and single-name CDS 43%.
In contrast, the UK dealer
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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Risk Quantum
Investing
UK pensions may struggle to capitalise on fully funded status
Bond yield spike reduced liabilities, but schemes need to sell illiquids at markdown to offload risk
Receive this by email