Credit Agricole
LCRs show US banks run more risk than European peers
The gap between the two averages has widened over the past three quarters to 250bp from 212bp
EU G-Sibs cut $14 billion in op risk
Banco Santander posted the largest decline – at 7% – with op RWAs falling to $70 billion
European credit model outputs vary wildly
Risk densities range widely and out-of-sync with average probabilities of default
Corporate loan RWAs doubled by standardised approach
RWA densities for corporate loans under standardised approach stand at 94%, for A-IRB just 43%
Deutsche Bank's risky corporate loan pile towers over peers
German lender has one-quarter of all high-risk corporate loans reported by EU big banks
Asia moves: SFC names new chairman, LCH hires regional head, and more
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People moves: TSB chief exec quits, Eurex loses two execs, new cyber chief at Commerzbank, and more
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Standardised market RWAs on the rise at EU banks
Standardised approach-generated RWAs increase €4.7 billion across 12 banks
BNP Paribas grows SFT assets 36%
French bank has overtaken Barclays to become the largest European SFT dealer
EU bank leverage increases in H1
Average leverage ratios degrade 19 basis points in six months to June
Top European banks shed $32 billion in op risk
5% average drop across 16 European banks reported quarter to quarter
French banks’ leverage ratios rally on EU court win
Improvements of 10 to 30 basis points follow change to leverage measure
People moves: Barclays names ‘digital’ leaders for markets, JP Morgan promotes Fernandes, and more
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Bank risk committees: desperately seeking risk managers
Most boards still lack career risk specialists despite tighter governance requirements
Take-up of credit modelling varies at European banks
Percentage of credit RWAs calculated using IRB approaches ranges from 42% to 91% across large dealers
Crédit Agricole and Groupe BPCE hardest hit by countercyclical buffer
Minimum capital requirement will rise around 20 basis points at BPCE; 16 at Crédit Agricole
Over one-quarter of EU bank credit exposures overseas
Spanish banks exhibit highest level of overseas risk, Nordic banks the lowest
The special one: a eurozone G-Sib waiver for BNP Paribas
Experts say French bank’s G-Sib buffer could fall to 1%, saving €3 billion in regulatory capital
US CVA charges over seven times higher than EU
Huge disparity appears to result from EU exemption for corporate trades
Foreign banks in US wary after funding costs rise
Following jump in Libor/OIS spread, many US entities continue borrowing from parents
Italian banks hardest hit by IFRS 9 transition
Risk Quantum analysis of 36 banks from 11 European Union countries found that capital declined on average by 34bp between December 31, 2017, and March 31, 2018
French banks add €1.4 billion to Single Resolution Fund
Contributions to the SRF jump 25% on average
Crédit Agricole de-risking saps earnings
Corporate and investment banking RWAs fall 11%; net income falls €103 million
People moves: SG loses Mattatia, Deutsche’s Wisnia joins Eisler Capital, and more
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