In the EU there is talk of a massive tax payer funded bailout of the Banking system. This includes addressing the huge issue regarding derivatives. Rather then let the 1 percent sink or jail them for fraud, they are going to bail them out much like Greece and Cyprus were forced to do. Penury will be forced on the taxpayer and citizens as the banking class is protected.
It worth pointing out that Duetsche bank is in the most tenous position and has huge exposure to derivatives. They have actually been selling many of these to US banks over the past years meaning those US banks now hold that worthless paper. Those banks in the US will demand a bailout as well.
This will make the crisis of 2008 look like Chicken feed and it my opinion part of the move to war with Russia is to try and slavage this criminally corrupt system.
Note that under laws passed by all Western Governments several years ago, any money you as a person have deposited in a Bank is not considered yours. It is considered the property of the bank and they can use it in any manner they wish to pay off creditors.