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	79.99	8.03%	0.4760	8.76%	107.24%
2	Barclays BCS	61.95	9.57%	0.3411	15.06%	104.81%
3	Macquarie MQG.AX	57.31	7.13%	1.99	22.63%	109.64%
4	Deutsche Bank DB	55.66	11.76%	0.2801	13.22%	105.95%
5	Goldman Sachs GS	56.46	2.00%	1.00	15.73%	108.23%
6	Citigroup C	55.09	10.27%	0.4257	13.93%	109.31%
7	Bank of America BAC	54.7	8.00%	0.8916	7.43%	109.61%
8	Société Générale GLE.PA	50.98	5.35%	0.2679	11.65%	105.1%
9	UBS UBS	47.59	0.23%	1.24	16.09%	105.73%
10	Commerzbank CBK.F	45.71	6.29%	0.4421	1.54%	106.82%
11	BNP Paribas BNP.PA	44.34	6.88%	0.5339	17.28%	105.15%
12	Santander SAN	42.26	0.77%	0.5862	17.61%	106.03%
13	UniCredit UCG.MI	42.72	19.01%	0.6377	12.26%	107.69%
14	JPMorgan Chase JPM	40.55	9.68%	1.50	15.15%	108.81%
15	Crédit Agricole ACA.PA	39,80	3.56%	0.4754	29.43%	103.51%
16	Skandinaviska Enskilda Banken SEB-A.ST	39.06	2.09%	1.22	11.84%	105.94%
17	HSBC HSBC	36.21	6.88%	0.8205	10.35%	107.07%
18	NatWest Group NWG	32.5	15.01%	0.5869	20.13%	105.73%
19	Erste Group Bank EBO.F	31.38	6.39%	0.5361	17.01%	108.37%
20	ING ING		2.91%	0.9180	8.42%	105.39%

Follow me on Twitter