Nine of 10 "advanced approaches" firms reported a lower common equity tier 1 ratio in the first quarter as capital levels fell and risk-weighted assets increased.
At the end of March, the median CET1 ratio for the group was 11.57%, down 48 basis points from the end of 2017 and 30 basis points from a year earlier.
Goldman Sachs Group Inc. was the only firm to report an increased CET1 ratio compared to the end of 2017, but it was still down 174 basis points year over year. The company's CET1 capital increased by $1.53 billion during the first quarter while its risk-weighted assets fell by $742 million.
JPMorgan Chase & Co. was the only other firm to report a quarterly increase in CET1 capital, while State Street Corp. and Bank of New York Mellon Corp. were the only other banks to post lower risk-weighted assets.
Total risk-weighted assets for the group increased by $117.40 billion during the quarter to $6.929 trillion, while aggregate CET1 capital fell by 1.5% to $846.43 billion as of March 31.


Year over year, Wells Fargo & Co.'s CET1 ratio climbed 40 basis points to 11.92%, the largest increase of the group. Meanwhile, Morgan Stanley's CET1 ratio fell by 188 basis points to 15.51%, the largest decrease of the group.



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