Goodwill makes up $69bn of BAML’s equity
Across eight US G-Sibs, goodwill comprises 18.7% of pre-adjusted CET1 capital
Bank of America Merrill Lynch (BAML) had the highest amount of goodwill among the big US banks at end-June.
Goodwill, net of deferred tax liabilities, accounted for $196.9 billion of the eight US global systemically important banks (G-Sibs) aggregate Common Equity Tier 1 capital prior to regulatory adjustments, 18.7% of the total, as of Q2 2019. This is almost flat on five years prior, when
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