US firms divvy up swaps business in attempt to please banks

America_USA_Flag_Fotolia_230x150
By Ross Lancaster
21 Nov 2019

In an effort to please their bankers, US corporate treasurers have increasingly been using a mechanism called a risk participation agreement (RPA) as a way to divvy up swaps business to more parties, writes Ross Lancaster.

The use of RPAs has been increasing all year, say US corporate risk solutions bankers. Some have been left out of the game so far and are rushing to sort out their internal compliance. But with banks eager for any revenue they can get, the market is already ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.