Who is the top dog bank in derivatives?

[Tulpen]

Can't vouch for the accuracy in the referenced article but see the numbers for yourself:

http://www.moneyandmarkets.com/Issue...-Meltdown-1558

QUOTE:
-------
The undeniable truth: In the grand casino of derivatives trading, JPMorgan Chase is overwhelmingly and unabashedly the biggest player of them all. As you can plainly see in the table above, it controls ...

• $91.7 trillion in derivatives, or over 53% of all derivatives held by U.S. commercial banks, among which are ...
• nearly $7.8 trillion in the oft-inflammable credit derivatives, or 55.6% of the total.
• And all with little more than $1.2 trillion in assets!

END QUOTE
-----------

No surprise why JP Morgan "bought" BSC.

And to me it is clear where the cancer of the Amercian financial system is.

[c1ue]

Re: Who is the top dog bank in derivatives?

You are missing the corollary: JP Morgan is presently serving as the institutional successor to the person of the same name - and in relation to the 1920's/1930's markets vs. today's markets.

The BSC fandango is a good rhyme with past history.

Of course, JPM the man had a very different environment and footprint as JPM the bank (+ Fed), hence my view that the results will not be the same.