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Swiss authorities draw flak in Credit Suisse probe, report says

Summary by WTVB
ZURICH (Reuters) – Preliminary findings in an eagerly awaited parliamentary report into the 2023 collapse of Credit Suisse have identified serious failings by Swiss regulatory authorities leading up the bank’s demise, a Swiss newspaper reported on Sunday. Citing sources inside the parliamentary committee drawing up the so-called PUK report, SonntagsZeitung said financial market regulator FINMA, the Swiss National Bank (SNB) and the finance m…
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