Crédit Agricole VAR hits highest since 2010

Trading risk gauge rose as high as €27 million during Q3

Crédit Agricole recorded the hottest value-at-risk reading in 12 years in the third quarter, on the back of rising fixed income and credit risk.

One-day VAR – management’s gauge of the most the trading desk could lose on any given day – hit a peak of €27 million ($27.4 million) during the quarter, 50% above the zenith for Q2 and the highest since the €47 million recorded in Q2 2010.

  !function(e,i,n,s){var t="InfogramEmbeds",d=e.getElementsByTagName("script")[0];if(window[t]&&window[t]

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options