Trusted News Discovery Since 2008
{{/content}}
Swiss financial watchdog calls for more powers after Credit Suisse crash
Credit: IndiaTimes- Published on December 19, 2023
The Swiss financial regulator, Finma, provided a detailed account of the Credit Suisse crisis, revealing that the bank came close to collapsing before its eventual rescue. Finma defended its role in the meltdown and stated that it took significant measures to address deficiencies in Credit Suisse. However, these actions were...