Seven US banks have lion’s share of derivatives

The latest US Office of the Comptroller of the Currency (OCC) figures on bank derivatives activity shows that seven banks in the US still account for almost 96% of the total notional amount of derivatives in the commercial banking system, with more than 99% held by the top 25 banks. The results come from the OCC’s latest quarterly report, released in June.

The OCC, which regulates US national banks, named JP Morgan Chase, Bank of America, Citibank, Wachovia Bank, Bank One, HSBC and Wells Fargo

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here