Irish Crisis Now Spreading To Europe's Banks As CDS Prices Surge

The stress on the eurozone from the Irish crisis is starting to spread, and while sovereigns like Portugal and Spain are likely targets, banks are starting to feel the heat now too.

RBS is has a significant exposure to Ireland’s economy, but others are feeling the heat through contagion.

From CMA Datavision:

Chart

Photo: CMA Datavision

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