April 23, 2024 (NO COMMENTS)

All nine US banks using internal models now bound by regulator-set approach

 

Higher agency securities lending and client overdraft balances contributed to a $13.6 billion increase to BNY Mellon’s standardised risk-weighted assets (RWAs) in the first quarter, pushing the bank below the so-called Collins floor. RWAs calculated using the regulator-set approach rose 8.7% to $169.9 billion. Internally modelled RWAs, on the other hand, increased 2.2% to $165.2 billion.