Repo exposures fell at BofA, surged at JP Morgan in Q4

- Louie Woodall
- 23 Feb 2021

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Bank of America slashed repo exposures over the last three months of 2020 by almost 30%, which helped lift its supplementary leverage ratio (SLR) to 7.2%, up from 6.9% at end-September.

The bank said this was a function of it moving excess cash into securities. Fourth quarter repo exposures, at $292.8 billion, were at their lowest since Q4 2018. All other components of BofA’s leverage exposure – on-balance sheet assets, derivatives exposures, and off-balance sheet exposures – climbed quarter on

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 print this content. Please contact info@risk.net to find out more.

You are currently unable to copy this content. Please contact info@risk.net to find out more.

As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.

If you would like to purchase additional rights please email info@risk.net

You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.

If you would like to purchase additional rights please email info@risk.net