US G-Sibs’ VAR-based charges jump 23% in Q4 2018
On aggregate, the eight G-Sibs posted a VAR-based capital charge of $2.9 billion
Value-at-risk capital charges at US global systemically important banks ended 2018 far higher compared with both end-September and the quarter a year ago.
The aggregate VAR-based capital requirement across the eight US G-Sibs was $2.9 billion for the fourth quarter of 2018, up 23% quarter-on-quarter and 26% year-on-year.
JP Morgan posted a 48% year-on-year increase in its overall VAR-based capital charge to $784 million, the biggest rise among the G-Sibs. Citi and BofA Securities followed
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