Goldman Sachs cuts CVA capital 39% in 2018

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,

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 indvidual account here: