Cds Deutsche Bank

The fdic is an independent agency of the united states government that protects you against the loss of your insured deposits if an fdic insured bank or savings association fails.

Cds deutsche bank. Many remember the 7 2 billion in fines the bank paid in 2017 as a result of its role in the 2008 9 financial crisis. Credit default swaps on deutsche bank s most senior debt securities traded at 99bp according to ihs markit equivalent to an investor paying us 99 000 per year to insure against a default on us 10m of deutsche debt for five years. Where is the bank going to find that money to finance the restructuring. Yes your deutsche bank cd accounts are insured up to 250 000 per person by the federal deposit insurance corporation fdic.

Reports are that the bank doesn t need to raise capital to pay for the employee cuts which some. Download historical data for deutsche bank credit default swaps and 35 000 other financial datasets covering global stocks bonds commodities currencies and credit default swaps using our web platform excel or python api. Deutsche bank db 5 year cds spreads are an indicator of the market current perception of deutsche bank default risk. A credit default swap cds insures against losses stemming from a credit event.

The bank plans to restructure operations to the tune of 8 3 billion about 1 3 of its entire market cap.