Goldman Sachs said the Federal Reserve lowered its stress capital buffer requirement to 6.2%.

8-KOther EventsFiled Aug 29, 2024Period of report Aug 28, 2024Summary published (UTC) Oct 29, 2026

Key points

AI summary

Goldman Sachs said the Federal Reserve lowered its stress capital buffer requirement to 6.2%.
The company said the reduction will bring its Standardized Common Equity Tier 1 ("CET1") ratio to 13.7%.
The company said the Standardized Common Equity Tier 1 ("CET1") ratio of 13.7% will take effect on October 1, 2024.
The company filed this information under Item 8.01, Other Events, of Form 8-K, using August 28, 2024 as the earliest event date.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Stress Capital Buffer Requirement Lowered to 6.2%

Goldman Sachs said the Federal Reserve lowered its stress capital buffer requirement to 6.2%.

Source · Based on the filing body and exhibits

Standardized CET1 Ratio at 13.7%

The company said the reduction will bring its Standardized Common Equity Tier 1 ("CET1") ratio to 13.7%.

Source · Based on the filing body and exhibits

Effective October 1, 2024

The company said the Standardized Common Equity Tier 1 ("CET1") ratio of 13.7% will take effect on October 1, 2024.

Source · Based on the filing body and exhibits

Item 8.01 Other Events Filing

The company filed this information under Item 8.01, Other Events, of Form 8-K, using August 28, 2024 as the earliest event date.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

Unauthorized scraping, data storage and database creation prohibited

Without prior written consent, you must not crawl or scrape data compiled and organized by Chickstock or its analysis and summaries, or collect them repeatedly or in bulk for storage, ingestion or database creation. Repurposing, redistribution, sale and use to build other services are also prohibited.

Unauthorized use may result in access restrictions, demands to stop infringement and delete copies, and claims for damages. Violations of applicable law may also give rise to criminal liability.

Uses permitted by law, the Terms of Service or a separate agreement remain subject to their respective scope. Rights in individual source materials, including original filings, remain with their respective rights holders.