UBS's LCR drops 5% on higher funding consumption
The bank reported HQLA of $176 billion, down from $186 billion in Q1
UBS’s liquidity coverage ratio fell eight percentage points in the second quarter of the year, as the bank reallocated some of its high-quality liquid assets from the corporate centre unit to its business divisions.
The Swiss lender’s LCR – calculated by dividing its stock of HQLA by estimated net cash outflows in a period of stress – dropped to 145% on average in Q2 2019, down from 153% in Q1.
UBS reported HQLA of $176 billion, a 5% decrease quarter-on-quarter, driven by lower cash
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