Minister says bank takeover prevented Swiss economy collapse - Printable Version +- Ipoh Community Forums (https://forums.ipoh.com.my) +-- Forum: News and Current Affairs (https://forums.ipoh.com.my/forum-11.html) +--- Forum: International News (https://forums.ipoh.com.my/forum-13.html) +---- Forum: Business, Economy and Investment (https://forums.ipoh.com.my/forum-56.html) +---- Thread: Minister says bank takeover prevented Swiss economy collapse (/thread-7828.html)

Minister says bank takeover prevented Swiss economy collapse - superadmin - 04-09-2023 GENEVA: Swiss finance minister Karin Keller-Sutter said Switzerland’s economy would probably have collapsed had Credit Suisse gone bankrupt, in an interview published today. Keller-Sutter told Le Temps newspaper that the government had acted in the country’s best interests in swiftly arranging the takeover of Switzerland’s second-biggest bank by its larger domestic rival UBS. - More -