Barclays, HSBC, StanChart saw Level 3 assets rise 10% in 2018

The three UK global systemically important banks held 10% more hard-to-value assets in 2018 than a year ago – the first time these inventories have grown since public disclosure began in 2013.

Barclays, HSBC and Standard Chartered reported aggregate Level 3 assets of $40.3 billion at end-December, up $3.6 billion from the year before.

The lion’s share of the increase came from Barclays, which saw Level 3 assets go up £3.2 billion (21%) to £18.9 billion.

HSBC’s inventory swelled $736 million

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