Citi approaches capital target

Citi leapt towards its target Common Equity Tier 1 capital ratio in the third quarter after paying out to shareholders.

The New York-based lender reported CET1 capital equal to 11.6% of standardised risk-weighted assets (RWAs), down from 11.9% at end-June and 11.7% the same quarter a year ago. The ratio is now just 10 basis points above its 11.5% target, which it wants to hit by year-end.

CET1 capital fell over the third quarter to $138.6 billion from $141.1 billion in Q2 and $140.4 billion

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: