Global bank equity dips $230 billion in Q2

Global bank equity fell in the second quarter of the year to $5.8 trillion, 4% lower than at end-March and almost flat on the year-ago quarter.

Data from the Bank for International Settlements show that total assets in excess of liabilities across the industry dropped by $231 billion in the three months to end-June. Of the 21 reporting countries, only Canada and the US disclosed an overall increase in banking sector equity.

UK bank equity fell the most in dollar terms over the three months, by

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