Moreover, since the CCAR (and DFAST) focus solely on

risk-weighted capital ratios that use the Standardized Floor, the rationale for continuing to require the G-SIBs meet a standard based on Advanced Approaches as well seem unclear.

2000) confirm that the

risk-weighted capital ratio is a good measure of the probability of failure, but it does not significantly outperform other simpler ratios, for example, the leverage and the gross revenue ratio.

Both the mean and the median of the

risk-weighted capital ratio (bottom panel) were substantially higher than the required ratio (4 percent).

58% at the end of the first half, while the total

risk-weighted capital ratio was 23.

As at end-February 2012, both the core capital ratio (CCR) and

risk-weighted capital ratio (RWCR) increased to 98.

5% at the end of June, while the

risk-weighted capital ratio stood at 13.

As at end-March 2012, HLIB's

risk-weighted capital ratio (RWCR) had declined to 19.

53% at the end of June, while the total

risk-weighted capital ratio stood at 13.