Switzerland faced a full-scale bank run if Credit Suisse went bankrupt, Swiss regulator argues
Published on: Tuesday 04 April 2023
Allowing the bankruptcy of troubled lender Credit Suisse would have crippled Switzerland's economy and financial center and likely resulted in deposit runs at other banks, Swiss regulator FINMA said ...
News source: https://www.cnbc.com/2023/04/05/switzerland-faced-a-bank-run-if-credit-suisse-went-bankrupt-swiss-regulator.html
»
Credit Suisse had many more bank accounts with Nazi ties than previously known, investigation finds
