Little seasonal cheer for bank CDS spreads

sad-face

Christmas might be just around the corner, but there has been little merriment for Europe's biggest banks, which have endured a volatile few weeks in terms of credit default swap (CDS) spreads. Markets have been digesting ratings downgrades, political friction over attempts to bolster the eurozone, and signs of growing funding stress within the industry.

Spreads had been widening gradually before a new European Union (EU) 'fiscal compact' to restore discipline to the continent was agreed by all

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: