Credit Suisse ’s new Swiss bank will be held to the same international standards as its global parent , Switzerland ’s State Secretariat for Financial Institutions ( SIF ) said . As a subsidiary of a global systemically important bank ( RBI ) , the Swiss unit will need to keep at least 10 % of risk - weighted assets in CET1 capital — more than double the 4.5 % required internationally under the Financial Services Board ’s 2022 standards .
Credit Suisse’s new Swiss bank will be held to the same capital standards as its global parent, Switzerland’s State Secretariat for Financial Matters (SIF) said. As a subsidiary of a global systemically important bank (GSIB), the Swiss unit will need to keep at least 10% of risk-weighted assets in CET1 capital—more than double the 4.5% required internationally under the Financial Stability Board’s 2022 standards.