trending Market Intelligence /marketintelligence/en/news-insights/trending/A5IJueLyyCGtlLZxDoAFUw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

US bank exposure to Cayman Islands rose 37% YOY in Q1'19

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible


US bank exposure to Cayman Islands rose 37% YOY in Q1'19

U.S. bank exposure to the Cayman Islands increased by $137.65 billion year over year to $510.85 billion as of March 31, making the island territory the U.S. banking industry's second-largest exposure after the U.K. at $540.40 billion.

Each of the "Big 4" U.S. banks reported at least a 30% increase in exposure to the Cayman Islands year over year. Bank of America Corp.'s exposure increased 70.9% to $59.58 billion while JPMorgan Chase & Co.'s exposure jumped by almost two-thirds to $144.65 billion as of March 31.

According to data from the Cayman Islands Monetary Authority, the number of licensed U.S. banks in the Cayman Islands has almost halved over the last five years, and U.S. banks now account for 16.5% of total banks in the country as of March 31, compared to 21.1% at the end of 2013.

In other foreign exposure changes, U.S. bank exposure to China fell by 6.0% over the last year to $107.87 billion, the largest percentage drop among nations where the U.S. has at least $100 billion of exposure.

SNL Image

SNL Image

SNL Image