UK banks added OTC notionals in 2018 as EU peers cut back

Over-the-counter derivatives portfolios expanded at big UK banks and shrank at the largest continental European firms in 2018.

Data from the systemic risk reports of 36 European Union lenders shows that, in aggregate, notional exposure to OTC swaps increased by 3% to €221.7 trillion ($249 trillion) in 2018.   

Twenty-one lenders increased notionals and 15 cut them in 2018. UK banks HSBC, Barclays, Lloyds and Standard Chartered accounted for 67% of the gross added swaps notionals of €22

To continue reading...

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: