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Credit Suisse (CS) risks the ire of EU regulators, offering its big clients products which allow...

  • Wednesday, January 11, 2012, 5:10 PM ET
    Credit Suisse (CS) risks the ire of EU regulators, offering its big clients products which allow them to reap the exact return they would get shorting European stocks, including those covered by short selling bans. Goldman Sachs, Morgan Stanley, and JPMorgan have demurred from such offerings, believing the practice too sensitive. One question comes to mind: If unable to short, how is Credit Suisse hedging itself?
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This news story has 2 comments:

  •  
    I assume they are selling securities that they would ideally hold in their portfolios, and buy them back when client shorts are sold.
    11 Jan 2012, 05:18 PM Reply Like
  •  
    They could hedge with derivatives.
    11 Jan 2012, 06:20 PM Reply Like
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