StanChart’s CVA charge up 19% in Q2
Higher capital requirements also at Barclays, Lloyds and NatWest, with HSBC the only outlier among top UK banks
Capital requirements to cover credit valuation adjustments (CVA) rose at all but one of the top UK banks in the second quarter of the year, to their highest level since Q3 2020.
In aggregate, CVA risk-weighted assets (RWAs), used to compute capital charges, increased 3.4% over the three months to end-June at Barclays, HSBC, Lloyds, NatWest and Standard Chartered.
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