First Chicago Reports Market Risks For 1997

CHICAGO--First Chicago NBD has published details of its market risks in its recently released 1997 annual report. The bank reports an aggregate trading portfolio VAR of $33 million on December 31, 1997, a 21 per cent increase in market risk exposure compared to year-end 1996. Trading revenues decreased from $175 million in 1996 to $172 million in 1997, adds the report.

The bank attributes its higher risk and lower revenue figures to adverse market effects on its portfolio of US treasury

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