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People and MarketsBank Strategy

Credit Suisse’s op risk is sold to investors once more

CreditSuisse_PA_575x375_9April2020

A new insurance-linked security (ILS) gives investors exposure to Credit Suisse’s operational risk: the third trade of its type covering the Swiss bank and the biggest one yet. Credit Suisse can receive relief on regulatory capital from insurance policies related to non-financial risk.

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