Swiss banks plumped liquidity buffers in Q2
Credit Suisse’s HQLA increases 26% quarter-on-quarter
Credit Suisse and UBS massively expanded their liquidity portfolios over Q2, as they raced to build an adequate funding cushion to ride out coronavirus-induced economic shocks. Because of a temporary easing of their leverage-based requirements, though, this growth did not lead to a simultaneous increase to their regulatory capital minimums.
Credit Suisse said its high-quality liquid assets (HQLA)
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