State Street had most losing trading days since 2015 in Q2

- By Abdool Fawzee Bhollah and Louie Woodall
- 14 Aug 2019

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

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