Exclusive: Credit Suisse says key liquidity measure did not change the week SVB fell

A logo is seen on the headquarters of Swiss bank Credit Suisse on Paradeplatz in Zurich, Switzerland March 16, 2023. REUTERS/Denis Balibouseaverage liquidity coverage ratio, a measure of how much cash-like assets the bank has, did not change between March 8 and March 14, the Swiss lender said on Thursday, despite the global banking crisis.

Over recent months, analysts and investors have been poring over the precise details of how much cash the bank has on hand at a given time to gauge its ability to meet regulatory requirements. The unprecedented pace of outflows at SVB on March 9 -- more than $40 billion in a day -- has put the spotlight on banks' liquidity measures, which have now been seen to change dramatically in the space of hours.

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