A key barometer of asset risk fell at JP Morgan for the third consecutive quarter in Q1 2019 to its lowest point on public record.

Risk Quantum analysis shows the bank’s risk-weighted asset density – calculated as standardised RWAs divided by total assets – stood at 56% in Q1 2019, down 193 basis points quarter-on-quarter, and 87bp below the lowest level previously recorded in Q4 2014.

The bank’s standardised RWAs rose $14 billion (0.9%) to$1.54 trillion on the previous quarter. Over the