Credit Suisse, UBS slowed accrual of liquid assets in Q3
Both major Swiss banks continued to accumulate easy-to-sell assets over the three months to end-September. Expected cash outflows increased at a faster clip, however, pushing down the liquidity coverage ratios (LCRs) of each.
At Credit Suisse, high-quality liquid assets (HQLA) – which make up the numerator of the LCR – increased 4% over Q3 to Sfr 210.5 billion ($230.7 billion). This compares to a 26% rise in Q2. Net cash outflows, which make up the LCR denominator, surged 7% to Sfr 110.9
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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net 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 info@risk.net
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 info@risk.net
More on Risk Quantum
Risk management
FCMs to let clients offset swaps and futures margin at Eurex
Banks target Q2 support for client cross-margining following lengthy lobby effort from hedge funds
Receive this by email