Switzerland faced a full-scale bank run if Credit Suisse went bankrupt, Swiss regulat

[NewsFeeder]

Switzerland faced a full-scale bank run if Credit Suisse went bankrupt, Swiss regulator argues

FINMA and the Swiss central bank brokered UBS' takeover for embattled Zurich rival Credit Suisse for 3 billion Swiss francs ($3.3 billion), in a deal announced on March 19.

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