by Raahil Shah | Mar 16, 2023 | Financial Institution Bonds, Financial Institutions
Swiss lender Credit Suisse (CS) saw a fresh round of selling in its stock and bonds on Wednesday amid heightened concerns over its financial position. While CS has been marred by a string of negative news since September last year, the most recent selloff was...
by Amruth Sundarkumar | Dec 1, 2022 | Banks, Global
March 20, 2023: Credit Suisse’s CDS Spreads Jump to ~1,000bp levels Credit Suisse CDS (credit default swap) spreads spiked to new record highs of ~975bp, up over 400bp on 15 March alone. CDS are derivative contracts used to protect against default – thus an...
