NEW YORK (Reuters) - The top four derivatives dealers in the United States — units of JPMorgan Chase & Co, Bank of America Corp, Citigroup Inc and Goldman Sachs Group Inc — account for 94 percent of the contracts, according to the Office of the Comptroller of the Currency.
The Obama administration is looking at increasing supervision of over-the-counter derivatives, which account for the vast majority of outstanding derivatives.
The following is a list of derivatives exposure at the top four largest dealers, as well as total derivatives exposure for commercial banks and trust companies, according to the OCC:
BANK / TOTAL DERIVATIVES OUTSTANDING ($ MLN) / PCT OF DERIVATIVES THAT ARE OTC
JPMorgan /$87,362,672 / 97.0 pct
Bank of America /$38,304,564 / 94.3 pct
Citi / $31,887,869 / 98.0 pct
Goldman Sachs / $30,229,614 / 98.4 pct
All banks total /$200,381,607 / 96.6 pct ($193,597,433 mln)
Compiled by Tenzin Pema, Dan Wilchins; Editing by Gary Hill