At systemic US banks, HQLA falls $35bn in Q1
LCRs drop at JP Morgan, Citi and BofA Securities
Big US banks continued to shrink their stocks of high-quality liquid assets in the first three months of 2019.
The aggregate amount of HQLA reported by the eight global systemically important banks for Q1 2019 was $2.25 trillion, down 1.5% at end-2018 and 3% on the year-ago quarter. HQLA forms the numerator for the liquidity coverage ratio (LCR).
Level 2A HQLA, made up of government-sponsored
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