Goldman Sachs grew its outstanding bilateral derivatives positions by 4%, to $26 trillion, between the first and second quarters of this year, overtaking JP Morgan and Citigroup to become the bank with the largest bilateral portfolio by notional amount.

The eight US global systemically important banks (G-sibs) increased their cleared derivatives notionals by 5% to $112 trillion over the quarter, according to bank systemic risk reports. Citigroup swelled its portfolio the most, by $2 trillion; a