Fed’s stricter G-Sib scoring punishes BofA, Goldman

For Goldman Sachs, the surcharge under the Fed’s method 2 will rise from 3% to 3.5% from January 2026 – a two-percentage point premium over its method 1 score, up from a 1.5pp gap in the previous assessment. 

Long gamma puts brakes on post-election US stock rally

“The market’s primary focus is the extent of long gamma positioning among liquidity providers, which acts as a potential brake on price movement. It’s like a sailboat dragging an anchor along the seafloor. Everything slows to a grind” – Stuart Pyott, Maven Securities