Swap books swell at big US banks despite lower risk profile
Total OTC derivatives notional among the eight banks is $222 trillion – a 2% increase on the quarter
The eight US global systemically important banks (G-Sibs) increased their over-the-counter derivatives notional in the second quarter to levels last seen at the beginning of 2016. But they also cut their positions with other financial firms and overseas institutions after increasing them in the first quarter, reducing their overall systemic risk profile.
Total OTC derivatives notional among the
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