The two largest Swiss banks cut market risk-weighted assets by a combined 27% to Sfr32 billion ($33 billion) over the second quarter.
UBS reduced its market RWAs by Sfr10 billion (45%) to Sfr12.4 billion, and Credit Suisse by Sfr2 billion (10%) to Sfr19.6 billion.
UBS said market RWAs fell as it slimmed its asset portfolio and because of lower risk levels. The bank added it observed lower average regulatory and stressed value-at-risk levels as a result of “risk management actions taken during
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