Fewer losing trading days at top US banks in 2019
Systemic US banks incurred fewer loss-making trading days in 2019 than 2018, with State Street and Morgan Stanley taking the most hits of the group.
The eight US global systemically important banks (G-Sibs) together reported 908 losing days in 2019, compared with 953 in 2018.
State Street and Morgan Stanley reported the highest amount of losing days over 2019, with 146 and 130, respectively. This was up from 122 and 120 in 2018.
//Wells Fargo and BNY Mellon, in contrast, reported just 61
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