2008 again?-----Credit Suisse executives reassure investors after CDS spike, Financial Times reports By Reuters

Credit Suisse executives reassure investors after CDS spike, Financial Times reports By Reuters

"(Reuters) - Credit Suisse executives spent the weekend reassuring large clients, counterparties and investors about its liquidity and capital position, the Financial Times reported on Sunday.
...Executives made the calls after spreads Credit Suisse credit default swaps (CDS), which offer protection against a company defaulting, rose sharply on Friday in an indication of investor concerns, the newspaper said.

• Credit Suisse five-year credit default swaps (CDS) jumped 6 basis point to close to 247 bps on Friday, the highest level in at least 10 years, S&P Global (NYSE:SPGI) Market Intelligence data showed.
• Credit Suisse CDS began the year at 57 bps..."