Sovereign debt and LatAm-related hedging key for Spanish dealers
Winners of the Risk España dealer rankings explain how hedging related to sovereign debt issuance and Latin America will be key revenue sources in 2010.
Spanish dealers this year will see significant hedging business related to imminent public debt issuances and corporates' exposure to Latin America, according to bankers interviewed for the Risk España rankings. In the rankings, Santander edged out old rival BBVA to take the top spot by one percentage point with 14.7% of the vote (click here for full results).
"Spanish corporates have satisfied a large part of their financing needs and without doubt we will see less issuances and less volume
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