Uncategorized
Credit Suisse plans operational risk bond
Credit Suisse Group AG, the global investment bank, is using a Bermudian-based special purpose insurer as a vehicle for an innovative bond that would offload risk from events including rogue trading and cybercrime. The bond is reportedly similar to a catastrophe bond which insurers use to limit their exposures to…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Credit Suisse Group AG