Swiss banks faced risk of ‘full-scale’ deposit run – regulator
Apr 5th 2023 12:34pm EDT
Allowing Credit Suisse to go bankrupt would have had serious repercussions for the country’s financial system, a national regulator has claimed The takeover of the troubled Credit Suisse by rival banking giant UBS has allowed Switzerland’s economy to avoid major problems, including deposit runs at other banks, national regulator FINMA claimed on Wednesday. FINMA and […]
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