Table 1

New York Money

Centre Banks.

Change in US Bank Exposure to Brazil, Mexico, Argentina and Venezuala

(June 87 to Sep 88)

Exposure as

Total LDC Exposure

of primary capital. *

(31 Dec 1986)

June 30 Sep 30

1987

1988

San

Change

Citicorp

73

14600

12100

-2500

17

Manufacturers Hanover

124

9234

8688

-546

6

Chase Manhattan

96

8740

7950

-790

Chemical

96

5945

5900

-45

J.P Morgan

67

$400

4700

-700

13

Bankers Trust

74

4000

4000

0

Irving Bank Corp

91

1950

1890

-50

3

Other Banks

BankAmerica

First Chicago

1555

97

10354

9000

-1354

13

65

3120

2429

-692

22

Continental Illinois

N\A

2400

2000

-430

17

Mellon

Security Pacific

Bank of Boston

41

First Interstate

Wells Fargo

* 100 m

54

1600

1386

-224

13

35

2200

1260

-940

43

1400

1000

-400

29

38

1626

996

-610

38

43

1939

760

-1149

60

Valley National

22

155

62

-93

60

First Wachovia

16

213

S

-204

96

NCNB Corp

12

247

4

-243

98

C

* Primary Capital

Source:

equity plus preterential loan stock plus loan loss reserves.

A Review of Bank Performance 1997, Salomon Brothers.

Keefe Nationwide Bankscan Nov 1988.

Share This Page