Goldman Sachs' credit valuation adjustment (CVA) capital requirement dropped by $1.2 billion – more than one-third – to$2 billion over the course of 2018. The dealer made more than half of these savings, $674 million, in the final quarter. This drop was far in excess of the aggregate cut in CVA capital reported by all eight US global systemically important banks (G-Sibs). Total CVA capital across this group fell 13% to$14 billion year-on-year, to reach its lowest level since end-2015,