Credit Suisse may face €8.3bn capital shortfall in 2024 via IrishTimesBiz
The stock rose as much as 2 per cent on Tuesday.
Credit Suisse had a CET1 capital ratio of 13.5 per cent at June 30th, well above the international regulatory minimum of 8 per cent and the Swiss requirement of about 10 per cent. Its liquidity coverage ratio is one of the highest among European and US banking peers. Bloomberg reported Friday that bidders were lining up for the bank’s securitised products unit, a key pillar in the downsizing of its investment banking operations. The sale process, which is far advanced, has drawn interest from Pimco, Sixth Street and an investor group including Centerbridge Partners.
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