Wealth and Asset Management
Intesa Plans Risk Transfer Deal to Hedge $6 Billion in Credits
Intesa Sanpaolo SpA is working on significant risk transfers to hedge more than €5 billion ($6 billion) in assets, signaling continued demand for the higher-risk instruments despite concerns in markets about debt and geopolitical tensions. The Milan-based lender is discussing with investors an SRT tied to €1.9 billion of subscription…
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