Dealers favour central XVA desks, but splits remain on funding
Most banks run a single desk within the front office, but more than half share responsibility for its funding needs with treasury
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This piece is part of a series benchmarking bank XVA management practices. Risk Management subscribers can view selected cuts of the underlying data here.
Almost three-quarters of banks – rising to 86% of dealers with the largest trading books – operate a single, central desk for managing derivatives valuation adjustments (XVAs), according to Risk.net’s inaugural XVA Benchmarking study.
Dealers
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