Reacting to the collapse of Barings PLC, London, federal regulators on Monday asked major U.S. banking companies to detail their exposure to the derivatives trading debacle.

After collecting responses from nine banking companies, Douglas E. Harris, a senior deputy comptroller at the OCC, said American institutional exposure to the losses appeared minimal.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.