BofA becomes first US bank to adopt SA-CCR

Move cut leverage exposure by $66bn, but other banks wary of trade-offs


Bank of America has switched to a new leverage regime 18 months before US banks are required to move, dramatically cutting its total exposure – but finding itself alone among its domestic rivals.

BofA is expected to use the move to the standardised approach to counterparty credit risk (SA-CCR) as a springboard for its equity prime brokerage business, which consumes less capital under the new rules. Options market-makers have also welcomed the switch, believing they will be more attractive

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here