Profit-making trading days at systemic US banks soared in 2020

Citi had the most winning days of the G-Sibs in 2020, with 170

Last year witnessed the wildest financial markets in over a decade. Top US banks came out of it with the most winning trading days in at least five years.

Over the 12-months to end-December, the eight US global systemically important banks (G-Sibs) collectively reported 1,187 profit-making trading days – 148 each on average. There were 253 trading days in the US in 2020. This means banks booked trading profits on roughly 59% of days in which markets were open.

This was higher than the 56%

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here