CCAR compels CET1 build-up at Capital One
The bank is targeting a CET1 capital ratio of 11% in 2018
Capital One intends to reinforce its regulatory capital buffers in response to a tough round of stress tests and concerns about the impact of an incoming accounting change.
The bank’s executives say they will target a common equity Tier 1 (CET1) capital ratio of 11% in 2018, as part of their first-quarter earnings release, up from the previously signalled 10.5%.
The planned uplift is a response to two developments, says chief financial officer Scott Blackley.
First is the calibration of this
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