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Bus/Financial - Finance (general) | | English term or phrase: Partner Asset Facility | | The balance-sheet shrinkage won’t end there. Credit Suisse plans to lop another 56 billion Swiss francs, or 17 percent, off risk-weighted assets this year. Some of those assets – though the bank won’t say how many – will be shifted to employees as a form of deferred bonus. Setting up the so-called Partner Asset Facility 2 will trigger another 500 million Swiss franc charge in the first quarter. |
| AgostinoKudoZ activityQuestions: 641 (none open) ( 17 closed without grading) Answers: 0
| Local time: 04:50
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| | Selected response from:
 Chiara Santoriello
Italy
Local time: 04:50
| Grading comment Ciao Chiara,
grazie mille.
Agostino
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