These case studies are historical strategic balance sheet moves of successful banks — examining what disciplined financial engineering looks like in practice, across different institutions, rate cycles, and regulatory environments.

All analysis is based exclusively on publicly available data and disclosures and represents personal opinion only.

Lloyds Banking Group · 2011–2014

Capital Optimization (2012)

Examining capital structure engineering from 2011 to 2014 — how a disciplined RWA and HTM classification approach produced material capital efficiency without incremental risk-taking.

Research post
More studies are in development. Have a case worth examining? Reach out: kai.chen.almfes@gmail.com