US banks’ trading edge slips in 2018
G-Sibs lost on almost half of all trading days last year
US banks suffered more loss-making trading days in 2018 than 2017, with the fourth quarter proving especially bruising.
The eight global systemically important banks (G-Sibs) averaged 117 loss-making trading days last year – 46% of the total, and up from 111 (44%) in 2017.
In the last three months of 2018, the average number of loss-making days was 38, up from 26 in the prior quarter and 35 in
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