JP Morgan VAR surges 46% in Q4

JP Morgan’s trading risk lurched up to its highest level in almost three years in the last quarter of 2018.

The bank’s average daily value-at-risk jumped $16 million (46%) to $51 million at end-December, its highest since the first quarter of 2016.

The corporate and investment bank (CIB) unit, which includes the lion’s share of JP Morgan’s market-making activities, accounted for $49 million of trading VAR.

Of this amount, interest rate risk contributed $37 million, up from $30 million at end

To continue reading...

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: