Alessandro Aimone

“Ask yourself: if X was invented in its current form today, would you sign up?” Katie’s right, on this and other critical issues affecting X. It’s time to move on. See you on the other side -> bsky.app/profile/aimone…

MUFJ reduced JGB holdings by ¥3.9 trillion during the three months ending June 30, in anticipation of further rate hikes hubs.ly/Q02L43fH0

Societe Generale’s TLAC ratios fell to lowest levels since 2020 hubs.li/Q02KVSxr0

In case you're catching up, here's a highlight reel.

BNP Paribas transferred a net €8.1 billion of liabilities in H1, measured at fair value to Level 3 hubs.li/Q02KnQgC0

My update on reports that far-right groups are now planning to target locations in London:

Violent riots by groups associated with far-right networks have erupted in the UK. Social media videos of groups setting fire to hotels, police vans and breaking into shops are everywhere. It’s important to archive this material so it doesn’t disappear. Here's how to do that… 🧵

Bloomberg reported the news of Evan Gershkovich’s release before anyone else—because they broke an embargo every other outlet had agreed to: nymag.com/intelligencer/…

American Express to become a category III bank in Q3 hubs.li/Q02JlJsT0

BNP Paribas says its Common Equity Tier 1 capital ratio would be 80bp worse off over next two years under upcoming final Basel III reforms. hubs.li/Q02J2s8v0

US regional banks’ computations of their stressed ratios diverged, on average, 204bp from the Fed’s estimates – a 45bp increase from two years ago. hubs.li/Q02HBDP70

Deutsche Bank USA’s DFAST shows it overshooting hit to its Common Equity Tier 1 capital ratio by 7.8 percentage points. hubs.li/Q02GVGPb0

Goldman Sachs faced large simulated trading and counterparty losses that would wipe out its revenue in this year’s DFAST hubs.li/Q02F_f4D0

A horrific Russian missile attack on Kyiv and other cities across Ukraine in broad daylight this morning has killed multiple people and destroyed a children's cancer hospital in the capital. via @IKoshiw ft.com/content/4075ca…

This year’s DFAST saw 11 banks drop below their all-in capital requirements under a severely adverse scenario, @RiskQuantum analysis reveals. hubs.li/Q02FcLR_0

@tracyalloway Oh no, wishing you a speedy recovery!

Call it a hunch, but it feels like this might be the time to do an Odd Lots-style investigation of the US health insurance system.

Ice Clear Europe’s liquidity pool expanded 27% in Q1, following the implementation of a new liquidity stress-testing model. hubs.li/Q02DRJm00

LCH, Eurex Clearing and Nasdaq Clearing saw the highest increases in average open position concentration across 16 global CCPs in Q1 hubs.li/Q02CZ0lV0

Systemic US dealers’ balances of fair-valued securities hit a near seven-year high of $3.53 trillion in Q1 hubs.li/Q02CcFFt0

JP Morgan SE earmarked €318 million to cover structural credit spread risk at the end of 2023 hubs.li/Q02zcLm40