CDS: Spreads on US banks narrow

Credit default swap 5-year mid-levels for structured products issuers (Wednesday April 8)

Banco Santander, S.A.141.55Bank of America Corp.316.71Barclays Bank Plc202.85BNP Paribas99.025Citigroup Inc622.7Commerzbank AG128.765Credit Agricole SA112.22Credit Suisse Group172.48Deutsche Bank AG123.25Goldman Sachs Group Inc254.87HSBC Bank PLC132.06ICICI Bank Limited517.38ING Bank NV149.25JP Morgan Chase & Co.182.685KBC Group NV307.42Mizuho Corporate Bank119.045Morgan Stanley345.96National Australia Bank159.59Nordea Bank AB140Royal Bank of Scotland Group Plc201.29Societe Generale SA112

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