Your English writing platform
Discover LudwigSuggestions(2)
Exact(30)
In theory, every euro of extra capital helps to cope with future write-downs.
Indeed, the banks most in need of extra capital are likely to be based in the countries that are least able to afford it.
First, the investment bank must shrink its risk-weighted assets, limiting the amount of extra capital it is required to hold.
Had the new rules been in place last year, the 94 largest lenders in the world would have needed 577 billion euros ($762 billion) of extra capital.
The Dutch bank added that the loss would be offset by 330 million euros of extra capital that would be freed up when the deal is completed.
In the most adverse conditions, Oliver Wyman said, the banks would need 51 billion to 62 billion euros of extra capital.
Similar(30)
Much of this extra capital came from a series of complicated share-swaps with other state-owned firms, which some analysts think over-valued the bank's shares.
Bank representatives are still wary about details that remain to be worked out, however, including how much of an extra capital cushion would be imposed on the biggest of the big institutions like Bank of America, JPMorgan Chase and Citigroup.
Much of the extra capital spending will be funded by a £15bn sell-off of public assets by 2020 including the £10bn student loan book and £5bn in land and property.
Or he could lobby the Federal Reserve to allow his firm to buy back some of the extra capital.
Estimates of the extra capital required vary from $20 billion to several times that.This puts a cash cow at risk.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com