Regulators
Banks struggle with BCBS 239 implementation
Only three G-Sibs fully compliant with all risk data and reporting principles at end-2017
Fed stress tests stretch State Street, Goldman, Morgan Stanley
State Street worst performer among complex firms on capital; Goldman and Morgan Stanley on SLR
Asian and Americas CCPs seek EU recognition
16 CCPs apply for Esma's seal of approval
CCAR winners and losers 2012–17
American Express came off worst under CCAR total capital ratio measure among large and complex firms three years out of six
EU bank securitisation exposures continue to fall
ECB data shows securitisation exposures as a percentage of total risk exposures 78% lower than in 2008
Fed credit limits likely to hit investment banks, custodians hardest
State Street, BNY Mellon, Morgan Stanley, Goldman Sachs have low credit limits; high bank exposures
Japanese cross-border claims on European countries hit all-time high
Loans to entities in developed European countries outpace those to other western nations in Q1 2018
French countercyclical buffer lowest in EU
0.25% surcharge the lowest of nine CCyBs across member states
US bank RWA density edges higher
Morgan Stanley density increases from 41.46% to 45.47% year-on-year
Over one-quarter of EU bank credit exposures overseas
Spanish banks exhibit highest level of overseas risk, Nordic banks the lowest
Citi fastest growing FCM; Credit Suisse loses ground – CFTC data
Citi grows client margin 36% in year to end-April, Credit Suisse shrinks 16%
Global banking sector equity surged in 2017
Surplus of assets over liabilities increased 17% in the year – BIS data
CDS market structure transformed – BIS
Inter-dealer trades have retreated as CCP dominance grows
XVA swings boost US bank trading revenues
DVA change pares down dealers' derivative liabilities
Interest rate ETD open interest soars
Outstanding positions at end-March hit $105 trillion
Chinese banks pose increased risk to euro area – ECB
Growing number of Chinese lenders designated as systemically important
UK derivatives market continues to shrink
Gross market values lowest since December 2007
UK bank derivative balances a mixed bag
Mark-to-market derivative balances with UK entities deteriorate; improve with non-UK firms
G-Sib swap portfolios reveal transatlantic divide
EU banks record 16% fall in non-cleared swaps, while US dealers see 9% growth
Higher profits bolster EU bank capital ratios
Discrepancies persist between countries worst and least hit by eurozone crisis
US bank swaps books rebound after G-Sib reckoning
Total OTC derivative notionals across eight G-Sibs grow $28 trillion in first quarter
Goldman, JP Morgan get riskier in Q1
Each bank could face an extra 50 basis points of capital add-on without remedial action
Concentration of EU banking assets grows
Share of assets held by top five banks in median EU country increases year-on-year
Citi continues cutting derivatives exposure
Total is down 16% from 2016, limiting impact of US leverage ratio