Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Weekly: European banks active

|Includes:ARLOF, BBV, BBVA, BMWYY, DDAIF, EADSF, EADSY, EWP, MBIA Inc. (MBI), MER, MER.I, MT, SAN, SNF, TEF, TI, VLKAF
Amid the race for some European countries, like Ireland, to restore confidence in their domestic financial markets and banking systems, fixed income investors appear to be hedging their bets with credit default swaps on the sovereign CDS and single-name corporate CDS of the largest banks in the PIIGS countries.