Switzerland lays out new 'too big to fail' rules in wake of Credit Suisse banking turmoil last year


FILE – Logos of the Swiss banks Credit Suisse and UBS are seen on two buildings in Zurich, Switzerland, Saturday, March 18, 2023. The Swiss government has announced steps to bolster its “too big to fail” rules aimed to avoid potentially disastrous fallout from banking sector turmoil. The comes in the wake of woes at troubled bank Credit Suisse before it was taken over by rival UBS. (Michael Buholzer/Keystone via AP, File)



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