Swiss Regulator: Switzerland Faced a Bank Run if Credit Suisse Was Allowed to Go Bankrupt
Swiss regulator FINMA said Wednesday that allowing embattled lender Credit Suisse to file for bankruptcy could have resulted in deposit runs at other banks in Switzerland FINMA and the Swiss National Bank brokered UBS takeover of Credit Suisse for 3 billion Swiss francs 3 3 billion in a deal announced on March 19 The Hash [...]
Sponsored
Apr 5, 2023 at 5:05 p.m. UTC
Apr 5, 2023