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China’s top banks slashed market RWAs by $15bn in 2021

Aggregate market RWAs at top five lenders down 17% in year marred by domestic and overseas volatility

China’s largest banks cut market risk-weighted assets (RWAs) by 96.6 billion yuan ($14.7 billion) to a multi-year low over 2021, a year marred by multiple left-field bouts of volatility both at home and globally.

Aggregate market RWAs across Agricultural Bank of China, Bank of China, Bank of Communications (BoComm), China Construction Bank (CCB) and Industrial and Commercial Bank of China stood

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