Regulators stated that the problems experienced by certain U.S. banks do not pose a risk for the Swiss financial system.
a joint statement March 15 on the stability of the Swiss banking system and Credit Suisse . The problems of “certain banks in the USA” do not pose a risk for the Swiss financial system, they wrote.
The regulators said Credit Suisse meets all capital and liquidity requirements, but “if necessary, the SNB will provide CS with liquidity.” The statement comes as CS shares fell up to 30%. According to a Reuters report, European Central Bank officials have
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