Shareholder giveaways deplete US G-Sib capital

Capital levels across the eight US global systemically important banks (G-Sibs) fell $5.3 billion in 2018, following a frenzy of stock buybacks and surge in dividends.

Wells Fargo saw the largest net decrease in Common Equity Tier 1 (CET1) capital over the year, of $8 billion (5%) to $146.4 billion from $154 billion. The San Francisco-based lender returned $25.8 billion to shareholders in 2018. 

Citigroup’s capital fell the second most, by $3.4 billion (2.4%) to $139.5 billion. It returned $18

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net 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: