By Rob Kirby
According to the most recent data from the U.S. Office of the Comptroller of the Currency, the notional value of derivatives held by U.S. commercial banks increased $804 billion in the third quarter of 2009, or 0.4%, to $204.3 trillion.
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Seven banks hold 99.8% of all derivatives:
1. J P Morgan Chase Bank NA (OH)
2. Goldman Sachs Bank USA (NY)
3. Bank Of America NA (NC)
4. City National ASSN (NV)
5. Wells Fargo Bank NA (SD)
6. HSBC Bank USA National ASSN (VA)
7. Bank of New York Mellon (NY)
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