EU G-Sibs cut $14 billion in op risk

The eight European global systemically important banks (G-Sibs) shed an aggregate $14.3 billion of operational risk-weighted assets in the third quarter of the year.

Banco Santander posted the largest decline – at 7% – with operational RWAs falling to $70 billion from $75 billion in the second quarter. Nordea and Societe Generale reported the smallest decline – at 0.5% – with op RWAs down $0.1 billion and $0.3 billion, respectively.

While none of the banks sampled posted higher op RWAs over

To continue reading...

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: