The capital plans announced by Credit Suisseyesterday have turned the Swiss clocks back to 2008, when it last raised capital. The bank will conjure up SFr15.3bn . Funny that. When the Swiss National Bank’s financial stability report questioned its capital position last month, Brady Dougan, Credit Suisse’s chief executive, and the board vehemently denied the need for more. Credit Suisse has caved in and “accelerated” measures to put its capital position beyond doubt. They are a sound first step but, critically, do not yet tick the Basel III box.
瑞士信貸(Credit Suisse)昨日公布的資本金補(bǔ)充方案,讓人們想起2008年該行上一次擴(kuò)充資本金時(shí)的情境。這一次,瑞信得設(shè)法籌集到153億瑞士法郎資本金。可笑的是,瑞士央行(Swiss National Bank)在上月發(fā)表的金融穩(wěn)定報(bào)告中質(zhì)疑瑞信的資本金狀況時(shí),瑞信首席執(zhí)行官杜德恒(Brady Dougan)及董事會(huì)還強(qiáng)烈否認(rèn)其存在補(bǔ)充資本金的必要。現(xiàn)在,瑞信已停止?fàn)庌q,并開(kāi)始“加快腳步”采取措施來(lái)打消市場(chǎng)對(duì)其資本金充足狀況的擔(dān)心。這確實(shí)是一個(gè)良好的開(kāi)端,但這些措施卻仍不能使瑞信達(dá)到《巴塞爾協(xié)議III》(Basel III)的要求——這一點(diǎn)很要命。