Swiss Central Bank Deputy Governor: Liquidity and Capital Measures Key to Address Credit Suisse Weaknesses

A Swiss central bank deputy governor said liquidity and capital measures were key to fixing vulnerabilities exposed during the Credit Suisse crisis. According to Jin10, the official said fully backing foreign shareholdings with Common Equity Tier 1 (CET1) capital would close an identified gap. The deputy governor described the step as proportionate and said it would align UBS Group with international competitors.