After nine months of building up off-balance sheet exposures, US global systemically important banks cut these in aggregate in the fourth quarter of last year. But the 2018 total was still 3% higher than a year prior.
Total gross notional off-balance sheet exposures at the eight G-Sibs stood at $4.2 trillion at end-December, down $41.5 billion (1%) from end-September but up $130 billion (3%) on end-2017.
Five banks cut these exposures quarter-on-quarter, with Goldman Sachs shedding the most
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