HSBC leads foreign banks in fed fund and repo borrowings

The US entity of UK bank HSBC borrowed the most cash through US money markets of big intermediate holding companies (IHCs) as a share of its assets in Q2 2019.

HSBC North America’s fed funds and repo borrowings were of an amount equivalent to 34.6% of its total assets at end-June. The average across the 11 IHCs – the US holdcos of overseas lenders – over $100 billion in size was 15.9%. The average interest paid for these borrowings was 4.6%.

Barclays’ US entity borrowed an amount equivalent to

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 copy this content. Please contact [email protected] to find out more.

To continue reading...

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: