SNB considers restricting size of Credit Suisse and UBS
BERN - The Swiss National Bank (SNB) may impose size limits on Credit Suisse and UBS due to "unique" systemic risks in the Swiss financial system, it revealed on June 18.
The SNB said in its latest financial stability report that, as a result of the two banks' market share and their balance sheet size in comparison with the country's gross domestic product, the question of whether a bank can be 'too big to fail' is "particularly relevant" in Switzerland.
The central bank is looking at ways to
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