"It's potentially tougher than people might have imagined," Barclays analyst Jeremy Sigee said. 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 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 .