Market risk rose across UK banks in the first quarter, while operational, credit and counterparty risk declined, figures from the Bank of England (BoE) show.
Market risk-weighted assets (RWAs) grew by £23 billion, or 6.2%, year-on-year, to £397 billion, with the increase over the last quarter alone amounting to £18 billion, or 4.9%.
In contrast, credit and counterparty RWAs were 3.9% lower at £2.08 trillion, down from £2.2 trillion a year ago. Operational RWAs were also lower year-on-year,
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