Fed fund and repo borrowings top $1trn at big banks in Q2
US bank holding companies (BHCs) and foreign intermediate holding companies (IHCs) of more than $100 billion in size held $1.2 trillion of borrowed fed funds and cash obtained through repo as of end-June.
JP Morgan was the biggest borrower of the 37 BHCs in this group, with $201.7 billion (16.8%) of the total. It was followed by Bank of America Merrill Lynch (BAML) with $195 billion (16.2%), and Citi with $181.1 billion (15.1%).
HSBC was the biggest IHC borrower, with $102.5 billion
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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Risk Quantum
7 days in 60 seconds
Mifid swaps, VAR and buy-side Covid lessons
The week on Risk.net, July 25-31, 2020
Receive this by email