Credit Suisse crisis

How Swiss authorities bungled Credit Suisse oversight

About six months before Credit Suisse was sold to rival UBS in a weekend rescue, the head of the Swiss central bank wanted to inject 50 billion Swiss francs ($57.6 billion) into the lender and nationalise it, according to three sources with direct knowledge of the matter.

The global banking crisis and world economy

The banking crisis that hit Silicon Valley Bank (SVB) recently has spread.

December 19, 2023
December 19, 2023

How Swiss authorities bungled Credit Suisse oversight

About six months before Credit Suisse was sold to rival UBS in a weekend rescue, the head of the Swiss central bank wanted to inject 50 billion Swiss francs ($57.6 billion) into the lender and nationalise it, according to three sources with direct knowledge of the matter.

March 25, 2023
March 25, 2023

The global banking crisis and world economy

The banking crisis that hit Silicon Valley Bank (SVB) recently has spread.