US ‘transfer restrictions’ take a bite out of UBS’s LCR

UBS’s liquidity profile worsened in the third quarter as more of its low-risk assets became trapped at overseas subsidiaries.

The Swiss bank’s liquidity coverage ratio (LCR) – which is calculated by dividing its stock of high-quality liquid assets by its estimated net cash outflows – dipped to 135% from 144% at the end of June.   

HQLA fell $7 billion to $174 billion, while net cash outflows rose $3 billion to $129 billion.

The bank said the reduction in HQLA was “primarily driven by an

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: