BNY Mellon, Goldman join Citi in escaping Collins floor

Outpaced drop in standardised RWAs pushes banks above threshold – but custodian only bank to reap benefits

BNY Mellon and Goldman Sachs escaped the so-called Collins floor in the fourth quarter of 2022, as their internally modelled risk-weighted assets (RWAs) ended up above those calculated using the regulator-set standardised approach.

At Goldman, a steep retreat in standardised RWAs opened a $30 billion gap with the modelled figure, which was previously $13.5 billion lower. The bank reported $649 billion using the standardised approach and $679 billion under its own models.

  //

 

BNY Mellon’s

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: