Italian bank joins LCH credit CCP

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Italian bank joins LCH credit CCP

credit default swap CDS 230x150 AS
Credit default swap. Acronym CDS of the yellow square pixels on a black matrix background. 3D illustration graphics | Timur Arbaev/Tim - stock.adobe.com

Banca IMI, the investment bank of Italian financial services group Intesa Sanpaolo, has become the latest European firm to offer client clearing through CDSClear, the Paris-based LCH clearing house.

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