Icelandic banks and CDS

During a minor liquidity wobble two years ago, credit default swaps on one of Iceland’s big banks pushed through 100 basis points, causing all three to rein back asset growth and chase deposits

This entry was posted on Monday, March 31st, 2008 at 10:13 pm and is filed under Financial Services. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.