State Street had most losing trading days since 2015 in Q2

State Street had 38 days in the second quarter when it made a trading loss, its worst quarterly performance since Q4 2015. It also breached its value-at-risk limit one day in the quarter, when actual losses exceeded its modelled estimates by 142%.

All eight of the US global systemically important banks (G-Sibs) suffered more losing days in the second quarter than in the first. 

In aggregate, they racked up 220 losing trading days over the three months to end-June, around 28 each on average.

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