Data
European and UK leverage ratios fall in Q1
UK banks had leverage ratios on average 26bp higher than their continental European peers
JSCC default funds shrink $1.7 billion in Q1
The CCP reported 281 clearing members at end-March
At US G-Sibs, off-balance-sheet exposures climb $44bn
Goldman Sachs is only big bank to post lower amounts on quarter
Giant EU banks grow asset share over four years
Share of assets held by five largest banks in the median EU member state hits 65%
Overseas loans to US crept up in Q4
But rate of loan growth to US borrowers fell throughout 2018
Bond binge accelerates at eurozone insurers
Annualised growth rate of debt portfolios hits new high of 2.6%
Short-term bets push interest rate option volumes higher
Open interest in short-dated contracts surges 23% from December to March
Citi, Goldman, State Street add $685m of complex assets
Private equity, asset-backed security and loan holdings drive increase in Level 3 instruments
L&G’s counterparty risk charge almost doubles in two years
Operational and market risk charges also climb at UK group
At US G-Sibs, loan-loss reserves hit $5.6 billion in Q1
Wells Fargo’s PCLs climb 62% quarter-on-quarter
Eurozone insurers’ bets on alternatives raises systemic risk
Dutch firms have more than 25% of total assets tied up in non-traditional investments
Allianz’s counterparty risk charge up €102 million in 2018
Total solvency capital requirement down €600 million year-on-year
UK public sector offloads swaps
Gross derivatives outstanding with public entities stood at £5.9 billion in Q1
Eurozone systemic risk diminishes
Yet jumbo exposures to other banks dominate intra-system assets
Model changes, asset growth boost Canada bank RWAs
TD Bank brings credit card portfolio under A-IRB
Banco Santander hit hard by IFRS 16
Average capital depletion across seven G-Sibs was 11bp
Axa market risk charge drops almost €3bn in 2018
Solvency capital requirement falls 9% year-on-year
Canadian banks see loan-loss reserves diverge
Provisions rise at Scotiabank and BMO; drop off at TD Bank, CIBC and RBC
Over four years, US non-cleared swaps books get riskier
Risk density of non-cleared trades has increased under standardised approach
Germany plans countercyclical buffer hike
Iceland, Bulgaria and France have also increased add-ons year-to-date
CDS sold by US banks down $55bn in Q1
JP Morgan cut CDS notionals the most, shedding $36.8 billion from its portfolio
JP Morgan cleared swaps balloon $8trn in Q1
Total G-Sib cleared notionals climb 23% in three months to end-March
G-Sibs add $33trn of OTC notionals in Q1
JP Morgan expands swaps book by 23% in first quarter
US banks demand high rates for overnight loans
Most banks demand 25bp-plus spread over IOER to lend unsecured