June 2, 2025 (NO COMMENTS)

Groupe BPCE’s risk-weighted assets (RWAs) stemming from credit valuation adjustments (CVAs) spiked to €4.4 billion ($4.9 billion) in the first quarter, following the implementation of the final Basel III rules at the start of the year.

The figure more than doubled from €1.7 billion three months earlier, and marked the bank’s highest CVA reading since Q4 2016.

The increase eclipsed those seen at other global systemically important banks (G-Sibs), including BNP Paribas, which reported a 56% surge.