regulatory
confidence high
sentiment positive
materiality 0.65
Fed lowers Goldman Sachs stress capital buffer to 6.2%; CET1 ratio rises to 13.7%
GOLDMAN SACHS GROUP INC
- Federal Reserve reduced Goldman Sachs' stress capital buffer requirement to 6.2% effective Oct 1, 2024.
- Standardized Common Equity Tier 1 (CET1) ratio increases to 13.7% as a result.
- Regulatory adjustment enhances bank's capital flexibility for shareholder returns or lending.