Interest rate swaps powered Q1 derivatives boom at top US banks
Aggregate interest rate derivatives notionals held by the eight too-big-to-fail US banks climbed 22% in the first three months of 2020 to $177.23 trillion. Swap notionals increased 20% to $106.97 trillion, and forwards a whopping 89% to $29.77 trillion.
JP Morgan posted the largest quarter-on-quarter increase of the US global systemically important banks (G-Sibs), growing interest rate derivatives notionals by $10.7 trillion (+33%) to $43.4 trillion.
Bank of America followed with a $7.4
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
Behavioural finance, alt data and risk-free rate problems
The week on Risk.net, June 27–July 3, 2020
Receive this by email