Key facts
- US global systemically important banks' net mark-to-market liabilities on equity derivatives reached $222 billion in Q2 2026.
- This figure represents an all-time high and a near doubling from the previous quarter.
- Goldman Sachs accounted for a significant portion of the increase, with its net liabilities rising by $34 billion.
US global systemically important banks (G-Sibs) reported an all-time high of $222 billion in net mark-to-market liabilities on equity derivatives in the second quarter of 2026. This figure represents a near doubling from the prior quarter, with Goldman Sachs being the primary driver of this increase. The bank's net liabilities on these contracts rose by a record $34 billion.