Systemic US banks shed more than $7trn of non-cleared swaps in 2019

Outstanding non-cleared derivatives notionals held by top US firms fell by 7.5% in 2019.

At the eight US global systemically important banks (G-Sibs), bilateral derivatives notionals dropped $7.5 trillion to $93 trillion over the year. Cleared derivatives also edged lower, but by a much smaller amount – $206.8 billion (-0.2%) to $95.5 trillion.

However, between Q3 and Q4 2019, cleared notionals shrunk by a whopping 22%. Non-cleared notionals fell by a more modest 9%. This fourth-quarter purge

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net 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: