Foreign bank IHCs shed US assets in 2017
Barclays, Credit Suisse and Deutsche Bank shrunk balance sheets by $166 billion
Three large European banks cut their US assets by 27% in 2017, boosting their capital ratios ahead of the Federal Reserve’s annual stress tests.
The US intermediate holding companies (IHCs) of Credit Suisse, Barclays, and Deutsche Bank shrunk their balance sheets by $84 billion (37%), $43 billion (21%), and $37 billion (20%), respectively.
The three also plumped their capital buffers over the
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