US banks see fewer daily trading losses than foreign units
IHCs suffered losses on 54% of trading days compared with 44% for US BHCs
The US units of foreign dealers reported more loss-making trading days than large domestic banks over the last year.
The average number of trading days where a loss was recorded across the eight systemically important US bank holding companies (BHCs) in the 12 months to end-June was 113. The corresponding figure for the eight largest intermediate holding companies (IHCs) of foreign banks was 140
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