EU bank clients pressed for better trade terms in 2019

European firms lobbied for more favourable credit terms from dealers for over-the-counter derivatives and securities financing transactions in 2019, survey data shows.

Counterparties of all types stepped up attempts to wrangle more favourable price and non-price terms last year, banks reported. Non-financial counterparties were the most persistent. Of 27 banks surveyed by the European Central Bank (ECB), 15% said these firms had increased the intensity of efforts to negotiate better terms in Q4

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