WASHINGTON—The Office of the Comptroller of the Currency (OCC) reported cumulative trading revenue of U.S. commercial banks and savings associations of $13.7 billion in the second quarter of 2023. The second quarter trading revenue was $3.9 billion, or 22.4 percent, less than in the previous quarter and $3.3 billion, or 31.7 percent, more than in the second quarter of 2022.
In the report, Quarterly Report on Bank Trading and Derivatives Activities, the OCC also reported that as of the second quarter of 2023
The United States reveals the identity of and imposes sanctions on Dmitry Khoroshev, a senior…
As Prepared for DeliveryGood morning. I am very glad to welcome all of you to…
WASHINGTON—Acting Comptroller of the Currency Michael J. Hsu today issued the following statement supporting an…
Washington, D.C.— The Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the…
As Prepared for DeliveryI. IntroductionThank you to everyone for being here. It’s good to be…
Federal bank regulatory agencies today released a guide to support community banks in managing risks…