News28.04.2023
Implications of the Credit Suisse takeover
The takeover of Credit Suisse by UBS and the measures taken by the Swiss authorities were of far-reaching importance to the financial centre. Switzerland succeeded in restoring stability through targeted, effective action. At the same time, however, the Swiss Bankers Association (SBA) sees a clear need for a full, independent inquiry into the events that led to this situation, covering all relevant parties, that is allowed to reach its own conclusions.