The honest value and notional dimension of credit score default swap (CDS) portfolios held by Wall Street giants Bank of America, Citi, JP Morgan, Goldman Sachs, Morgan Stanley and Wells Fargo shrunk quickly over the three months to end-June, having massively expanded throughout the preliminary outbreak of the coronavirus disaster.
Combination notional bought CDS tallied as much as $2.17 trillion and acquired credit score derivatives to $2.35 trillion, down 9% and eight% on Q1, respectively. Bought notionals fell quickest at JP Morgan, by
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