Goldman's sale of Marcus drives record PCL release
Partial disposal of retail arm costs bank $470 million, but nets first release into income since Q2 2021
Source: risk.net
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Partial disposal of retail arm costs bank $470 million, but nets first release into income since Q2 2021
At 14.2%, UBS’s CET1 capital ratio is more than sufficient to absorb the deal
Bank draws $45.6 billion in facilities carrying four times the interest rate paid on deposits
Loan-loss provisions in Q4 down 96% at ABC and 63% at ICBC
Wells Fargo, JP Morgan and Citi reclassify $34bn following new hedge accounting treatment