JP Morgan’s CVA charge jumps $203m in Q3
Median CVA capital charge for US G-Sibs was $2.1bn in third quarter
JP Morgan’s credit valuation adjustment (CVA) capital requirement rose 6% in the third quarter of this year, returning to levels last seen in mid-2017.
The bank’s CVA charge increased by $203 million to $3.7 billion at end-September – the highest rise of the eight US global systemically important banks (G-Sibs).
At the opposite end of the scale, Goldman Sachs’s CVA charge decreased by the most in dollar terms, down $160 million (6%) to $2.6 billion over the period. BNY Mellon’s requirement
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