Share of op risk RWAs at US banks falls
Drops at Citi, Goldman, Morgan Stanley suggest op risk capital may have peaked
Operational risk-weighted assets shrank as a percentage of total RWAs across the eight US global systemically important banks (G-Sibs) in the first quarter of the year, after a number of firms posted multi-billion dollar reductions in their op risk requirements.
Aggregate operational RWAs, as calculated under the Basel advanced approaches, made up 28.6% of total RWAs across the banks at the end of March, down from 29% three months earlier, and 28.7% at the end of 2016.
The last quarter
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