The CET1 ratio determines the room banks can do three things: loan, buy back shares, and take losses
JPM: CET1 from 14.8% → 13.9%, RWA increased $51 billion
GS: CET1 from 14.3% (early year) → 12.4%, both market and credit RWA rose
WFC: CET1 from 10.3% → 10.0%, target range bottom line
Citi: CET1 maintains 12.8% but is only about 120 basis points higher than requirement
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- wigglyz·10-14 14:33JPM dropping to 13.9% with $51B more RWA reads more like balance sheet usage than capital stressLikeReport