Switzerland s financial regulator deflected blame for the collapse of the country s second-biggest bank, Credit Suisse, saying it had been quick to respond, calling instead for more powers to take
‘I apologize that we were no longer able to stem the loss of trust,’ Credit Suisse chairman Axel Lehmann tells nearly 2,000 shareholders in attendance at their final meeting
Swiss Regulator Deflects Blame for Credit Suisse Debacle usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
The Swiss financial regulator Wednesday defended the rescue of Credit Suisse through a controversial takeover by rival bank UBS as the best solution with.
Switzerland's financial regulator deflected blame for the collapse of the country's second-biggest bank, Credit Suisse, saying it had been quick to respond, calling instead for more powers to take lenders to task.