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Published 1 month ago

Intervening sooner and more directly: expert advice to avoid the collapse of a new major bank

Summary by Le Temps
The Swiss authorities should have the power to intervene sooner in a bank in difficulty and to request financial measures, such as the abolition of dividends, believes a specialist, fourteen months after the fall of Credit Suisse If it swept away three American regional banks, the banking crisis that shook the United States and Europe in the spring of 2023 also contributed to the fall of Credit Suisse. More than a year later, a group of experts …

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