What Switzerland Should Have Done to Save Credit Suisse

 Switzerland might have averted the collapse of Credit Suisse, its second largest bank, if the country’s financial regulator took a harder line overseeing it and enforcing capital rules, a parliamentary report found Friday. 

One of the key recommendations: possibly more capital at the country’s remaining big bank, UBS.

The conclusions came in a sweeping report meant to be Switzerland’s ultimate lessons-learned look at an event that threatened the core of the country’s identity as a well-run, financial safe haven.

Wall Street Journal 20 December 2024

https://www.wsj.com/finance/banking/what-switzerland-should-have-done-to-save-credit-suisse-5d96ef3c

Credit Suisse gold

https://englundmacro.blogspot.com/2023/03/credit-suiss-gold.html