UBS revises credit and counterparty risk estimate

Changes to the bank’s models and methodology expected to add $6bn in second half of the year

UBS is on track to overshoot its credit and counterparty credit risk (CCR) estimates for the rest of the year, after raising its forecast for the second half of 2021.

Methodology and model updates increased the bank’s credit and counterparty risk-weighted assets (RWAs) by $4.8 billion in the first six months, with a further $6 billion expected in the second half of the year. At the end of last year, the bank expected credit and CCR to have increased by $10 billion by the end of 2021.

 

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here