Fitch: Robust 1Q15 at Credit Suisse; RWA Cuts Challenging

April 22, 2015 9:00 AM

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(The following statement was released by the rating agency) LONDON, April 22 (Fitch) Fitch Ratings says that Credit Suisse Group AG (Credit Suisse, A/Stable/a) reported robust results in 1Q15 despite the challenge of a sharply appreciating Swiss franc.

While the bank made substantial progress towards its revised leverage ratio target, further reducing risk-weighted assets (RWA) will, in our view, be more challenging given the now relatively small size of Credit Suisse's non-strategic units and possible regulatory RWA recalibration in the medium-te...

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