Occ Reports Derivatives Volume Tops $96 Trillion
Hoosier Banker › Vol. 89 Nbr. 10, October 2005
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Hoosier Banker › Vol. 89 Nbr. 10, October 2005
Linked as:Summary
The Office of the Comptroller of the Currency reported September 30, 2005, in its quarterly Bank Derivatives Report that derivatives held by US commercial banks increased by $5.1 trillion in the second quarter of 2005, to $96.2 trillion. Kathryn Dick, Deputy Comptroller for Risk Evaluation, said that while the notional amount of derivatives is a reasonable reflection of business activity, it does not represent the amount at risk for commercial banks.
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Occ Reports Derivatives Volume Tops $96 Trillion
Derivatives held by U.S. commercial banks increased by $5.1 trillion in the second quarter of 2005, to $96.2 trillion...
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