December 22, 2023 (NO COMMENTS)

Cuts to cross-border activities, derivatives notionals and mark-to-market securities helped Goldman Sachs, Barclays and Mitsubishi UFJ Financial Group (MUFG) score lower in the latest assessment of global systemically important banks, putting them closer to a lighter capital surcharge.

The three banks’ systemic risk scores dropped 25 basis points, 22bp and 17bp respectively, improving the most among the 29 lenders designated as G-Sibs this year.


Goldman was helped primarily by a lower