'EU investigates banks over CDS use'

Discussion in 'Wall St. News' started by Wallace, Apr 29, 2011.

  1. "The EU's competition authorities are investigating the activities of nine of the world's
    biggest banks over the market for credit default swaps (CDS).
    The probe centres on whether preferential treatment - including special low fees -
    was given by a clearing house to drum up business."
  2. Ban CDS.