Finma relief unlocks $90bn of leverage exposure at Credit Suisse

Credit Suisse freed up CHF 88 billion ($90.4 billion) of leverage exposure in Q1 thanks to temporary relief granted by the Swiss regulator. It could have claimed even more had it not pushed ahead with its dividend plans.

On March 25 Finma, the Swiss watchdog, told banks they could deduct central bank deposits from the calculation of their leverage ratios – defined as Tier 1 capital divided by total leverage exposure – until July 1. Lowering the exposure measure allows banks’ leverage ratios to

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: