July 6, 2023 (NO COMMENTS)

Never let a good crisis go to waste. The truth in this old political saw is being played out in Brussels’ corridors of power, following the sell-off in Deutsche Bank shares only days after the Swiss authorities’ bail-in of Credit Suisse. Regulators believe the blame for the sell-off lies in the credit derivatives market – and now want greater public insight into trade details of single-name credit default swaps in Europe. The move represents a volte-face on the recent regulatory direction of