UBS, Credit Suisse Can Use Low-Trigger Tier 1 for Capital

Updated on
  • Bonds Eligible Until Call Dates for `Going-Concern' Capital
  • Tier 2 CoCos Only Eligible for `Gone Concern' From 2020: Finma

UBS Group AG and Credit Suisse Group AG can continue to use some of their existing low-quality bail-in bonds to fulfill Switzerland’s new leverage ratio until the debt falls due, the regulator said.

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