Tuesday 05, October 2010 by
CS gives its views on new ‘too big to fail’ regulation
Credit Suisse said it takes note of the recommendations of the Expert Commission of the Federal Council that are designed to solve the ‘too big to fail’ issue relating to the big banks. Credit Suisse said it has prepared for the developments in the regulatory landscape over the past two years by reducing its risk-weighted assets and strengthening its capital base. The bank said believes that its client-focused, capital-efficient strategy, which will lead to the accretion of capital through earnings, will allow it to meet these very stringent measures by 2019.
