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Barclays, Deutsche dodge losses thanks to risk transfer market but investors tighten terms

Barclays_Adobe_575x375_8September2020
By Owen Sanderson
01 Mar 2021

The synthetic risk transfer market helped some of Europe’s biggest banks dodge loan losses last year, with Barclays saving more than £300m and Deutsche at least €150m. But the backdrop last year led to investors taking a tougher line on writing new credit protection, steering clear of pools with limited disclosure and hoping to dodge the most damaged sectors.

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By Owen Sanderson
01 Mar 2021