Switzerland’s ‘severe’ bank test details kept secret

26 Jul 2010

Swiss financial regulator FINMA announced that its biggest two banks Credit Suisse and UBS had a tier one capital ratio of at least 8% in an adverse scenario harsher than that used by the Committee of European Banking Supervisors.

“FINMA’s approach is similar to the CEBS approach in its design, but the stress test results are not,” said the regulator in a statement. “Switzerland's specificity in having large banks of great systemic importance requires the design of particularly severe scenarios.”

The regulator declined to publish detailed methodology, on ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

Oops, something went wrong

We're sorry but at the moment we can't load this data