Lloyds’ the outlier as UK banks crush CVA charges in Q3
Capital requirements to cover credit valuation adjustments fell at all but one of the top UK banks in Q3, reversing the sharp increases witnessed over the first half of the year in the wake of the coronavirus crisis.
In aggregate, CVA risk-weighted assets (RWAs), used to compute capital charges, tumbled 21% over the three months to end-September at Barclays, HSBC, Lloyds, NatWest and Standard Chartered.
Barclays posted the biggest decline, of 32% to £2.7 billion, saddling it with a capital
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]net
More on Risk Quantum
Risk Management
LCH, JP Morgan question BoE’s CCP resolution powers
Isda AGM: UK proposals give central bank broad powers to intervene in winding up stricken clearers
Receive this by email