Explainer: What are credit default swaps and why are they causing trouble for Europe's banks?
Turbulence in Europe's banks following the implosion of 167-year-old Credit Suisse (CSGN.S) and runs on regional banks in the U.S. has focused attention on the role played by credit default swaps in all the turmoil. Investors, worried about which bank might be next, have hammered the shares and…
#deutschebank #cds #andreaenria #europeancentralbank #whatisacdsanyway #isda #brazil #dtcc #bearstearns #lehmanbrothers