Deutsche Banks Now Exceeds Banco Santander In CDS , Then Citi And Goldman Most Risky US Banks

China’s slowdown, the plunge in crude oil and related growth measures, etc. has wrecked havoc on European banks, but particularly on Germany’s Deutsche Bank and Spain’s Banco Santandar as measured by credit default swaps (5 year senior).


US banks have been less effected by the global meltdown. The loss leaders in terms of CDS are Citigroup and Goldman Sachs.

Wells Fargo is the “safest” of the big US banks in terms of CDS.

Notice that the Wells Fargo wagon doesn’t run on oil! ;)


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