US banks ditch IR futures as appetite for swaps booms
Notional for futures craters 19% in Q2, hitting lowest in at least seven years
Source: risk.net
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Notional for futures craters 19% in Q2, hitting lowest in at least seven years
Bail-in funds sat 8% above required amount at end-June, smallest gap among the 25 banks subject to the standard
Truist, Capital One and PNC Bank lead with risk density above 65%
Notionals of credit protection sold and purchased have ballooned 236% and 382% respectively since October 2022
Analysis of 15 clearing houses shows outages lasting 34 hours in the past year – highest figure since 2019