Credit Suisse’s op risk up $6.5bn on subprime-era litigation

Increase offsets the removal of Archegos-related capital add-on by Finma

Credit Suisse’s operational risk-weighted assets (RWAs) rose 7.8% in the second quarter, as models reacted to recent developments in court cases stemming from the bank’s subprime mortgage-era activities.

Externally-mandated parameter and model updates added Sfr5.9 billion ($6.5 billion) to op RWAs, which hit Sfr68.4 billion at end-period.

  !function(e,i,n,s){var t="InfogramEmbeds",d=e.getElementsByTagName("script")[0];if(window[t]&&window[t].initialized)window[t].process&&window[t].process()

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 or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a 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