UniCredit CVA RWAs double amid Commerzbank stake build-up


















































UniCredit CVA RWAs double amid Commerzbank stake build-up – Risk.net



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Bank cites strategic transactions as driver of the surge


UniCredit’s credit valuation adjustment risk-weighted assets (CVA RWAs) doubled in the second quarter of 2026, after the Italian lender launched a takeover offer for Commerzbank and continued to build its position through total return swaps.

The bank’s total CVA RWAs climbed by 101% quarter on quarter to €2.3 billion ($2.6 billion) – the highest level in nearly eight years.

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