The proportion of capital to total exposures across European banks edged down in the first half of the year, with the average leverage ratio across 12 of the largest firms dropping 19 basis points over the six months to end-June.

The average leverage ratio, as calculated using the EU Capital Requirements Regulation (CRR) methodology, was 4.67% at end-June, down from 4.70% the previous quarter and 4.90% at end-2017.

BNP Paribas and Commerzbank posted the largest falls over the six months, wi

#### 7 days in 60 seconds

###### CCPs, handling default, and cyber risk

The week on Risk.net, September 15–21, 2018