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Risk Quantum Banks

Equity VAR at top US banks hits highest level since 2020

Goldman Sachs, Morgan Stanley and JP Morgan lead surge; Citi bucks trend with unusual negative reading

Quarterly average regulatory equity value-at-risk across the eight US global systemically important banks (G-Sibs) reached a combined $669.9 million in the second quarter of 2026. This was the highest level since Q4 2020, when it stood at $692 million. These figures do not take into account the multiplier used to translate VAR into a capital requirement.

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