UK markets close in 6 hours 27 minutes
  • FTSE 100

    7,473.19
    +33.45 (+0.45%)
     
  • FTSE 250

    20,082.23
    +30.75 (+0.15%)
     
  • AIM

    921.30
    +0.92 (+0.10%)
     
  • GBP/EUR

    1.1863
    +0.0013 (+0.11%)
     
  • GBP/USD

    1.2083
    +0.0013 (+0.11%)
     
  • BTC-GBP

    19,953.70
    +877.85 (+4.60%)
     
  • CMC Crypto 200

    561.21
    +25.99 (+4.86%)
     
  • S&P 500

    4,145.19
    -6.75 (-0.16%)
     
  • DOW

    32,803.47
    +76.67 (+0.23%)
     
  • CRUDE OIL

    88.30
    -0.71 (-0.80%)
     
  • GOLD FUTURES

    1,789.50
    -1.70 (-0.09%)
     
  • NIKKEI 225

    28,249.24
    +73.37 (+0.26%)
     
  • HANG SENG

    20,045.77
    -156.17 (-0.77%)
     
  • DAX

    13,635.35
    +61.42 (+0.45%)
     
  • CAC 40

    6,516.45
    +44.10 (+0.68%)
     

Credit Suisse CFO plays down prospects for any capital increase

  • Oops!
    Something went wrong.
    Please try again later.
·1-min read
A logo is pictured on the Credit Suisse bank in Geneva,
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

ZURICH (Reuters) - Credit Suisse is well capitalised, finance chief David Mathers told reporters on Wednesday when asked whether the Swiss bank might increase its capital after another loss in the second quarter.

"I have been CFO for 12 years and I had much, much, much lower capital ratios than this in the course of my time so this does represent still one of the highest capital ratios," he said, noting the bank aimed to keep its CET1 capital ratio between 13 and 14% in the second half in an uncertain environment. It stood at 13.5% at the end of June.

(Reporting by Michael Shields and Oliver Hirt; editing by Jason Neely)

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting