OCC Quarterly Report – It Looks Like The Banks Are Slowly Bleeding
by laflammaster Banks had a reduction in revenue of 23% this Q, and a 2.9% reduction in all derivatives. Goldman Sachs had $1.2B losses on EX Trades in Q2 – while losing $1.8B on Interest. Hedge funds collateral needed to be raised by 24% to 514%. OCC (Office of Comptroller of Currency) released their new … Read more