Credit Suisse: Swiss financial watchdog calls for more powers after Credit Suisse crash

Credit Suisse: Swiss financial watchdog calls for more powers after Credit Suisse crash

BERN: Credit Suisse came close to imploding months before its eventual rescue, the Swiss financial regulator said on Tuesday in its first detailed account of the crisis, as it argued for stronger powers to oversee lenders in future. The regulator, Finma, which has come under fire for its supervision of the bank, defended its role … Read more