JP Morgan braces for 4% G-Sib surcharge
Fifty-basis point increase to capital ratio looms
JP Morgan expects to be placed in a higher systemic risk surcharge bucket at year-end, which would bump its minimum capital requirement up 50 basis points.
Chief financial officer Jennifer Piepszak said on a Q3 earnings call today (October 13) that the bank will likely be assigned a surcharge equal to 4% of risk-weighted assets (RWAs) after the Federal Reserve completes its annual evaluation of
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