DFAST: JP Morgan accounts for one-fifth of projected losses

Bulk of losses would come from bank’s loan portfolio, projected to incur total losses of $60.3bn

JP Morgan’s mega loan portfolio would see it bear the brunt of losses under a severe recession, according to the results of this year’s Federal Reserve Dodd-Frank Act Stress Test. Fellow universal banks Citi, Bank of America and Wells Fargo were the next worst hit.

Under this year’s DFAST severely adverse scenario, which saw real US GDP contract by –9.4% and unemployment leap to 10%, JP Morgan was projected to lose $83.4 billion in aggregate. This represents 20.4% of total losses across the 18

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net 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 Risk.net? View our subscription options

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