Goldman shakes off tax reform capital effects

Stronger regulatory ratios support capital distributions

Goldman Sachs shook off some of the capital-sapping effects of last year’s tax reforms in the first quarter of the year, increasing its internal model-calculated common equity Tier 1 (CET1) capital ratio by 40 basis points.

Its regulator-set standardised ratio received a more modest boost of 20bp. The standardised and advanced CET1 ratios stood at 12.1% and 11.1% at quarter-end, respectively.

This represented a partial recovery in the firm’s capital position following the one-off impact of

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

Most read articles loading...

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