Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Total value of notional derivative contracts increased slightly from 31 March - 30 June 2000. That is among the Top 25 commercial banks (dominated by US-UK firms) from $179T to $181T, while swaps declined.

30 June annotated table courtesy of Jesse

31 March annotated by myself in re: WB-WFC merger; source document here

Note the shift by bank name and value in activity between quarters.

My unofficial theory of low-hanging, over-ripe fruit suggests that HSBC (rivaling HBOS-Lloyds semi-part-nationized merger) is about to make the government of Iceland and offer it can't refuse.

Diversity is the key to economic and political evolution.

by Cat on Fri Oct 24th, 2008 at 11:51:15 AM EST
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