Client margin at Credit Suisse down over $10bn last year
Bank's US clearing units slashed required funds for swaps and F&O
Required client margin held by Credit Suisse’s US clearing business fell to the lowest point since mid-2008, as the bank reckoned with the aftermath of the Archegos debacle.
Data from the Commodity Futures Trading Commission (CFTC) for futures commission merchants (FCMs) shows the US unit of the Swiss bank held $3 billion of required segregated customer funds to cover their cleared futures and
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