Mid-sized and regional US banks’ use of short-term wholesale funding is just a fraction of that employed by their systemically-important rivals.
The eight US global systemically important banks each had $267.7 billion of STWF outstanding on average at end-2018. Their average STWF score – the amount of funding divided by average risk-weighted assets multiplied by 350 – was 40.7%. The higher the score, the more reliant a bank is on STWF.
JP Morgan had the most amount of STWF of the G-Sibs, with