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16:18 Feb 9, 2012
English to Italian translations [PRO] 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.