CDS: US banks lead spreads narrower

Credit default swap 5-year mid-levels for structured products issuers (August 18)

Banco Santander 75.54 Bank of America 170.535 Barclays Bank 96.285 BNP Paribas 59.6 Citi 279.915 Commerzbank 103.93 Credit Agricole 90.155 Credit Suisse 83.23 Deutsche Bank 115.48 Goldman Sachs 145 HSBC 65.06 ICICI Bank 257.5 ING 64.85 JP Morgan 73.005 KBC Group 224.96 Mizuho Corporate Bank 64.4 Morgan Stanley 190.48 National Australia Bank 93.32 Nordea Bank 80.79 Royal Bank of Scotland 137.97 Societe

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