Though Covid crisis rages, US banks’ op RWAs fall

In the first quarter, US banks saw their credit and market risk-weighted assets (RWAs) surge as the coronavirus crisis plunged the financial system into chaos. But RWAs used to capitalise operational risks either stayed flat or shrunk at these top dealers.

Aggregate op RWAs at the eight US global systemically important banks (G-Sibs) fell by $5.7 billion over the first three months of 2020 to $1.86 trillion.

San Francisco-based lender Wells Fargo saw its op RWAs fall the most, by $2.9 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:

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 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: