Credit default swaps often were issued by banks, yet many argue they were actually an insurance product

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Credit default swaps often were issued by banks, yet many argue they were actually an insurance product and thus should have been issued only by regulated insurance companies. Explain this argument.

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Money, Banking, Financial Markets and Institutions

ISBN: 978-0538748575

1st edition

Authors: Michael Brandl

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Question Posted: Jun 21, 2019 07:47 AM

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Credit default swaps often were issued by banks, yet many argue they were actually an insurance product

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Remember a CDS is the shifting of default risk on ...View the full answer

Money, Banking, Financial Markets and Institutions

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