CDS panel rules UBS is sole successor to Credit Suisse after merger

A committee that reviews disputes in the credit default swaps (CDS) market said on Monday that UBS is the sole successor to Credit Suisse Group following the merger of the two banks. This means that Credit Suisse will no longer be the reference entity for its outstanding CDS, which are a type of…#cds #ubs #creditsuissegroup
Source: Reuters: Health - Category: Consumer Health News Source Type: news