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 print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
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 [email protected]
Copyright Infopro Digital Limited. All rights reserved.
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 [email protected]
More on Risk Quantum
7 days in 60 seconds
Autocallables, Mifexit and the value of HFT
The week on Risk.net, September 19-25, 2020
Receive this by email