A very warm welcome to countdown. It is friday morning and im edwards. Manus and i manus cranny. Tock dropbanks s yesterday evening. We hit a new record low. What did it do . This is the latest or that we have, that 10 clients out of approximately 800 have reconsidered what level of cash they looking for the derivatives with Deutsche Bank. You have got the department of justices potential 14 billion bid, but that is when we saw this move. We saw a record low in the u. S. Overnight, anna. This is a small number of hedge funds and they are reflecting what the counterparty risk is, what they want to take to Deutsche Bank. Some think there could be a failure of Deutsche Bank, but that has not moved up to zero probability. Is this a kneejerk reaction in terms of peoples perception of counterparty risk . Deutsche bank says they no longer reflect necessarily accurately reflect their counterparty risk. Anna the questions about banking have always been contained quite well in europe. The bloomb
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