A measure of common equity tier-1 (CET-1) that represents core tier-1 capital net of minority interest in core tier 1. Gross common equity tier-1 includes regulatory adjustments such as excess minority interest equity attributable to third-party owners, intangible assets, material holdings, and adjustments for prudential filters.

Gross CET-1 = net common equity tier-1 – minority interest equity + regulatory adjustments