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Top 25 commercial banks/trust companies holding derivatives:

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dixiegrrrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-08-11 04:27 PM
Original message
Top 25 commercial banks/trust companies holding derivatives:


My previous post outlined what would happen if you have an account at one of these derivative holding banks.
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patrice Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-08-11 04:33 PM
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1. Link?
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tabatha Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-08-11 04:38 PM
Response to Reply #1
2. This one?
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patrice Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-08-11 04:50 PM
Response to Reply #2
5. Thank you!
:hi:
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dixiegrrrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-08-11 05:30 PM
Response to Reply #1
6. self delete..I posted wrong link.
Edited on Thu Dec-08-11 05:34 PM by dixiegrrrrl
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FBaggins Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-08-11 04:40 PM
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3. Unfortunately, "holding derivatives" doesn't say enough.
Edited on Thu Dec-08-11 04:42 PM by FBaggins
An interest rate contract, for instance, can actually reduce risk IF it hedges against interest rate risk that's inherent in the bank's asset/liability mix.

The very same derivative adds risk if it's "naked" speculation on the direction of future interest rates (or worse, if it actually bets in the same direction that the bank's A/L mix is unbalanced).
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tabatha Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-08-11 04:46 PM
Response to Reply #3
4. These derivatives are not a problem until a bank is liquidated.
Then derivatives take preference over clients.
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Po_d Mainiac Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-09-11 08:51 AM
Response to Reply #3
10. The hedge 'against' risk argument is only valid
if the counter party/s are able to pay.

With the current shadow banking/off balance sheet accounting, no one really knows who is exposed to what until the margin calls come in rapid fire.
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grasswire Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-08-11 05:54 PM
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7. can someone clarify that graph?
It can't be possible that JPMorgan Chase has only $1,791,060 in total assets.
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dixiegrrrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-08-11 06:18 PM
Response to Reply #7
8. Methinks it is in billions.
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Po_d Mainiac Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-08-11 10:14 PM
Response to Reply #7
9. add 6 zero's n/t
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