Of JP Morgan? That's a good question.
JP Morgan is on a similar level as Black rock in terms of assets owned and its been operating for well over 100 years. It is its own mothership though it'll be deeply connected with Blackrock.
JP Morgan has 40-50 trillion in derivatives contracts.
United States Office of the Comptroller of the Currency (OCC) - March 31, 2023
Quarterly Report on Bank Trading and Derivatives Activities - Fourth Quarter 2022 - PAGE 12 & PAGE 22
PAGE 22 - NOTIONAL AMOUNTS OF DERIVATIVE CONTRACTS HELD FOR TRADING:
TOTAL ALL COMMERCIAL BANKS, SAVINGS ASSOCIATIONS, AND TRUST COMPANIES ASSETS ~$21.1 Trillion
TOTAL DERIVATIVES ~$191 Trillion
TOTAL HELD FOR TRADING AND MARK TO MARKET (MTM) ~$181.9 TRILLION
An over leverage of entire deposits to derivatives of about 9:1
Or did you mean US Treasuries? They are mostly owned by the Fed.
Reverse Repo is getting drained to buy US Treasuries and keep interest rates low. Set to run out by January. Peaked at over 2 trillion earlier this year, now 1.5 trillion in a few weeks.
Of JP Morgan? That's a good question.
JP Morgan is on a similar level as Black rock in terms of assets owned and its been operating for well over 100 years. It is its own mothership though it'll be deeply connected with Blackrock.
JP Morgan has 40-50 trillion in derivatives contracts.
Or did you mean US Treasuries? They are mostly owned by the Fed.
Reverse Repo is getting drained to buy US Treasuries and keep interest rates low. Set to run out by January. Peaked at over 2 trillion earlier this year, now 1.5 trillion in a few weeks.
Of JP Morgan? That's a good question.
JP Morgan is on a similar level as Black rock in terms of assets owned and its been operating for well over 100 years.
Or did you mean US Treasuries? They are mostly owned by the Fed.
Reverse Repo is getting drained to buy US Treasuries and keep interest rates low. Set to run out by January. Peaked at over 2 trillion earlier this year, now 1.5 trillion in a few weeks.