Banks with the Highest 5-Year Credit Default Swaps (CDS)

A high 5 year credit default swap means that the market perceives a higher risk of the bank defaulting on its obligations in the next five years, which results in a higher cost to purchase a CDS to protect against that risk.

Rank by Highest risk estimate 5 Year credit default swaps Price drop since March 1st

Color index:

Very bad

bad

so-so

good

Rank	Name	CD5	Price % since March 1st	Price to book	Cash eq. % of total assets	Assets / Liabilities
1	Nomura Holdings NMR	73.44	8.03%	0.4760	8.76%	107.24%
2	Barclays BCS	62.71	9.57%	0.3411	15.06%	104.81%
3	Deutsche Bank DB	58.45	11.76%	0.2801	13.22%	105.95%
4	Goldman Sachs GS	55.67	2.00%	1.00	15.73%	108.23%
5	Citigroup C	52.72	10.27%	0.4257	13.93%	109.31%
6	Bank of America BAC	52.61	8.00%	0.8916	7.43%	109.61%
7	Erste Group Bank EBO.F	52.3	6.39%	0.5361	17.01%	108.37%
8	Commerzbank CBK.F	48.18	6.29%	0.4421	1.54%	106.82%
9	Société Générale GLE.PA	47.03	5.35%	0.2679	11.65%	105.1%
10	UniCredit UCG.MI	46.52	19.01%	0.6377	12.26%	107.69%
11	Skandinaviska Enskilda Banken SEB-A.ST	46.12	2.09%	1.22	11.84%	105.94%
12	BNP Paribas BNP.PA	44.02	6.88%	0.5339	17.28%	105.15%
13	Santander SAN	42.85	0.77%	0.5862	17.61%	106.03%
14	Macquarie MQG.AX	43.78	7.13%	1.99	22.63%	109.64%
15	Crédit Agricole ACA.PA	40,10	3.56%	0.4754	29.43%	103.51%
16	UBS UBS	40.91	0.23%	1.24	16.09%	105.73%
17	JPMorgan Chase JPM	39.66	9.68%	1.50	15.15%	108.81%
18	HSBC HSBC	38.17	6.88%	0.8205	10.35%	107.07%
19	NatWest Group NWG	32.84	15.01%	0.5869	20.13%	105.73%
20	ING ING	27.15	2.91%	0.9180	8.42%	105.39%

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