BNY Mellon strengthens capital stack
The sale of preferred stock and strong earnings helped BNY Mellon enlarge its capital base in Q2, pushing its risk-based capital ratio to a record high.
Common Equity Tier 1 (CET1) capital increased by $1.6 billion (+9%) to $20 billion over the quarter, the largest one-month gain for at least six years. Retained earnings, which form the bulk of CET1, increased $623 million quarter-on-quarter.
Additional Tier 1 (AT1) capital, made up of issued perpetual debt and preferred shares, swelled by
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 print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Risk Quantum
Regulation
What lies beneath: Nomura’s iceberg balance sheet
Collateral received by the Japanese bank exceeds its total on-balance-sheet assets – does it matter?
Receive this by email