Standard Chartered cut its risk-weighted assets in the third quarter off the back of a series of optimisations.
The UK lender shed $6.6 billion (2.4%) of RWAs in three months to end-September, to $265 billion from $272 billion. So-called 'RWA efficiencies' accounted for $4.9 billion of this reduction – $2.4 billion related to credit exposures and $2.9 billion to market exposures.
A further $2.2 billion of shrinkage was due to foreign exchange movements.
Credit and counterparty RWAs fell to