SA-CCR switch pushes Goldman below Collins floor
Early adoption at the end of 2021 adds $15 billion of RWAs
The adoption of the new standardised approach to counterparty credit risk (SA-CCR) in the last quarter of 2021 added around $15 billion to Goldman Sachs’ standardised risk-weighted assets (RWAs), pushing the bank below the so-called Collins floor.
The switch – which US banks could elect to do ahead of the January 1, 2022 deadline – lifted Goldman’s RWAs, as assessed using the regulator-set approach
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