The cost of insuring Deutsche Bank’s debt against default rose around 8 percent on Friday after the U.S. Department of Justice asked the lender to pay $14 billion to settle an investigation into its selling of mortgage-backed securities.
Data provider Markit said credit default swaps on Deutsche Bank’s <DBKGn.DE> five-year senior debt rose to 211 basis points, up 16 bps from Thursday’s close of 195 basis points.
Credit default swaps on equivalent Deutsche subordinated debt rose to 421 basis points, up 33 bps from Thursday’s close of 388 bps.
(Reporting by John Geddie, editing by Nigel Stephenson)
Copyright 2026 Reuters. Click for restrictions.
Was this article valuable?
Here are more articles you may enjoy.
NAIC Victim of Cyber Incident Via PeopleSoft System 
‘We’ll Want Some Proof’: State Farm CEO’s Take on NY Auto Insurance Reforms 
KPMG Australia Scandal Widens After it Confirms Optus Data Was Misused 
Need Wind Mitigation? New Florida Insurer Wants to Help With That 
