---
title: "Big banks, S&P Global tie up for first credit-default swaps index linked to private credit - report"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282377463.md"
description: "JPMorgan Chase and other major banks are collaborating with S&P Global to launch the first credit-default swaps index linked to private credit. The CDX Financials index aims to protect buyers against defaults and will include private credit funds from firms like Apollo Global Management and Blackstone. This new index, expected to facilitate hedging for investors, comes amid rising concerns in the private credit sector, with over $20B in redemption requests noted in Q1 2026. Credit-default swaps are regaining popularity after being sidelined post-2008 financial crisis."
datetime: "2026-04-10T18:31:27.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282377463.md)
  - [en](https://longbridge.com/en/news/282377463.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282377463.md)
---

# Big banks, S&P Global tie up for first credit-default swaps index linked to private credit - report

JPMorgan Chase (JPM) and other large Wall Street banks are working with S&P Global (SPGI) to launch an index of credit-default swaps, The Wall Street Journal reported on Friday. Banks, including Bank of America (BAC), Barclays (BCS) (BCLYF), Deutsche Bank (DB), and Goldman Sachs (GS), are set to begin selling the derivatives next week, according to...

### Related Stocks

- [JPM.US](https://longbridge.com/en/quote/JPM.US.md)
- [PCLO.US](https://longbridge.com/en/quote/PCLO.US.md)
- [APO.US](https://longbridge.com/en/quote/APO.US.md)
- [IAI.US](https://longbridge.com/en/quote/IAI.US.md)
- [PEX.US](https://longbridge.com/en/quote/PEX.US.md)
- [JPX.US](https://longbridge.com/en/quote/JPX.US.md)
- [SPGI.US](https://longbridge.com/en/quote/SPGI.US.md)
- [BXMT.US](https://longbridge.com/en/quote/BXMT.US.md)
- [PRIV.US](https://longbridge.com/en/quote/PRIV.US.md)
- [BX.US](https://longbridge.com/en/quote/BX.US.md)
- [XLF.US](https://longbridge.com/en/quote/XLF.US.md)
- [FNCL.US](https://longbridge.com/en/quote/FNCL.US.md)
- [VFH.US](https://longbridge.com/en/quote/VFH.US.md)
- [BKLN.US](https://longbridge.com/en/quote/BKLN.US.md)
- [PCMM.US](https://longbridge.com/en/quote/PCMM.US.md)

## Related News & Research

- [Why S&P Global stock topped the market today](https://longbridge.com/en/news/286829085.md)
- [S&P Global Declares Second Quarter Dividend | SPGI Stock News](https://longbridge.com/en/news/286969622.md)
- [S&P Global Stock: Is Wall Street Bullish or Bearish?](https://longbridge.com/en/news/286554447.md)
- [S&P Global and the S&P Global Foundation Announce Next Phase In $10 Million StepForward Initiative | SPGI Stock News](https://longbridge.com/en/news/286412388.md)
- [S&P Global Announces Pricing of $2,000,000,000 Private Offering of Senior Notes by Mobility Global Inc. Ahead of Planned Separation | SPGI Stock News](https://longbridge.com/en/news/286969917.md)