Systemic US banks’ overseas loans top $3trn

Citi leads large US dealers with almost $1trn of foreign claims

Large US lenders had $3.3 trillion of overseas loans outstanding at end-2018, almost all of which were held by global systemically important banks (G-Sibs).

Cross-jurisdictional balances carried by US banks of more than $100 billion in size totalled $6.3 trillion; 53% were foreign claims and 47% liabilities.

The eight G-Sibs accounted for 96% of these claims and 95% of liabilities. Citi topped the list with $942.4 billion of cross-border claims and $903.8 billion of liabilities.

The 16 non