Credit Suisse accelerates wind-down of legacy businesses

- Alessandro Aimone
- @aimoneale
- 23 Mar 2018

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Credit Suisse expects to end wind-down activities and businesses within its strategic resolution unit by the end of 2018, more than two years ahead of schedule, as the bank accelerates its efforts to dispose of and de-risk its legacy positions.

At year-end 2017, the SRU’s risk-weighted assets – excluding operational risk – dropped 22.5% to $34.4 billion, compared with 2016. The division's leverage exposure fell 40.7% to $61.3 billion.

Since Q3 2015, Credit Suisse has reduced SRU RWAs by $42

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact info@risk.net to find out more.

You are currently unable to copy this content. Please contact info@risk.net to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net