BanksOnTheBrink.com

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
Deutsche Bank
DB
87.55 11.76%0.2801 13.22% 105.95%
2
Barclays
BCS
82.07 9.57%0.3411 15.06% 104.81%
3
Nomura Holdings
NMR
81 8.03%0.4760 8.76% 107.24%
4
UniCredit
UCG.MI
67.78 19.01%0.6377 12.26% 107.69%
5
Goldman Sachs
GS
62.24 2.00%1.00 15.73% 108.23%
6
Erste Group Bank
EBO.F
62.63 6.39%0.5361 17.01% 108.37%
7
Citigroup
C
60.71 10.27%0.4257 13.93% 109.31%
8
Commerzbank
CBK.F
59.62 6.29%0.4421 1.54% 106.82%
9
Bank of America
BAC
58.45 8.00%0.8916 7.43% 109.61%
10
Société Générale
GLE.PA
56.01 5.35%0.2679 11.65% 105.1%
11
Skandinaviska Enskilda Banken
SEB-A.ST
50.96 2.09%1.22 11.84% 105.94%
12
Santander
SAN
49.23 0.77%0.5862 17.61% 106.03%
13
Macquarie
MQG.AX
49.76 7.13%1.99 22.63% 109.64%
14
UBS
UBS
47.02 0.23%1.24 16.09% 105.73%
15
HSBC
HSBC
45.73 6.88%0.8205 10.35% 107.07%
16
BNP Paribas
BNP.PA
45.16 6.88%0.5339 17.28% 105.15%
17
NatWest Group
NWG
41.54 15.01%0.5869 20.13% 105.73%
18
Crédit Agricole
ACA.PA
39.60 3.56%0.4754 29.43% 103.51%
19
JPMorgan Chase
JPM
40.53 9.68%1.50 15.15% 108.81%
20
ING
ING
36.72 2.91%0.9180 8.42% 105.39%

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