Top US dealers’ trading risk indicators varied in Q3
Trading risk-of-loss estimates disclosed by Bank of America, Goldman Sachs, JP Morgan and Morgan Stanley diverged over the third quarter.
Having surged over Q1 and Q2, average daily value-at-risk indicators at JP Morgan and Goldman Sachs fell sharply over the three months to end-September, by 30% and 25%, respectively.
At Morgan Stanley, VAR dipped only slightly quarter on quarter, by 3% to $58 million.
Bank of America, in contrast, saw its VAR edge higher over Q3, by 5% to $22 million.
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
Covid bank tests, swap fix deferred and SOFR switch
The week on Risk.net, October 17-23, 2020
Receive this by email