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Search resuls for: "Selena Li Elisa Martinuzzi"


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March 16 (Reuters) - Credit Suisse Group AG's (CSGN.S) average liquidity coverage ratio, a measure of how much cash-like assets the bank has, did not change between March 8 and March 14, the Swiss lender said on Thursday, despite the global banking crisis. The bank said in an earlier press release on March 16 that the 150% LCR value was as of March 14. Credit Suisse for months has been battling to regain the trust of clients and investors after a series of scandals and losses in recent years. By tapping the central bank for funds, the bank will be adding to liquidity if needed. A firm is viable when it generates sufficient income to stay in business and meets its obligations including payments and debt commitments.
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