French rivals BPCE, SocGen see market risks fall in Q3
The amount of capital required to cover trading risks at giant French banks Groupe BPCE and Societe Generale dropped 21% and 24%, respectively, over the third quarter, as pandemic-related market volatility subsided.
Market risk-weighted assets (RWAs), used to set capital requirements, fell roughly €4.5 billion ($5.3 billion) at the former and €5.1 billion at the latter over the three months to end-September.
These savings reversed huge spikes recorded in earlier quarters. At Groupe BPCE
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