

Trading losses at US units of Deutsche, RBC exceed VAR by 1,000%
The US trading entities of top international dealers disclosed losses far in excess of modelled estimates on a handful of days last quarter as the coronavirus crisis raged.
The US arm of Deutsche Bank, DB USA, disclosed one trading day last quarter on which losses exceeded its value-at-risk estimate by 1,017%. Royal Bank of Canada’s US operation, RBC US, topped that by incurring a loss 1,200% over VAR.
In aggregate, the 12 intermediate holding companies (IHCs) of foreign banking organisations
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]