Credit Suisse CEO says capital plans meet new Swiss leverage rules

October 21, 2015 4:29 PM

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LONDON Oct 21 Credit Suisse said plans to boost its capital will meet and are "fully consistent" with tougher Swiss capital requirements, which were only released after the bank's proposals were unveiled on Wednesday.

Switzerland's government said late on Wednesday Credit Suisse and rival UBS will have to achieve a leverage ratio of 5 percent, with at least 3.5 percent made up by high-quality common equity tier 1 capital.

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