Deutsche’s counterparty exposures at odds with capital

Deutsche Bank had the most exposure to counterparty credit risk (CCR) among large European dealers at end-2018, but only the third-highest capital requirement of the group. This discrepancy is likely a function of its use of internal models to calculate charges for its securities-financing transactions (SFTs).

The German giant had €153 billion ($172 billion) of exposures-at-default to trade counterparties, not including centrally cleared and credit valuation adjustment (CVA) exposures, which

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 or view our subscription options here:

You are currently unable to copy this content. Please contact 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 View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a 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