At the end of January 2017, Falcon Group had a consolidated capital adequacy ratio of over 20 percent and a solid liquidity cushion with a liquidity coverage ratio (LCR) of around 140 percent. Over the last few months, the company has focused on de-risking and fostering its business, and took action to address remaining legacy issues.
Against the backdrop of a challenging year in 2016, Falcon has taken decisive steps to build a solid and sustainable basis for its future growth. Its management has decided to de-risk the groups client-book, recognizing cautious valuation adjustments as unrealized losses on certain illiquid positions from legacy businesses.
Including these valuation adjustments, as well as all expenses related to the clo…
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