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Ambassadors from the G7 countries have sent a letter to the Swiss government asking it to join an international taskforce for implementing the sanctions on Russian oligarchs, the newspaper has reported.
Can the Swiss government force industry to come clean on greenwashing?
FINMA defended its actions in a statement Thursday, saying they were based on the contractual terms of the bonds and an emergency law adopted by the Swiss government on Sunday.
Moreover, the Swiss government said yesterday that it would suspend deferred bonuses for Credit Suisse employees that were granted before 2022.
Source: https://www.nytimes.com/2023/03/22/business/dealbook/credit-suisses-investment-bank.html
The family’s circus roots date back to early 1700s and the group was “legally established as Switzerland’s first circus” in 1840 by the Swiss government.
The Swiss government pressed for a $3.25 billion takeover of long-troubled Credit Suisse by rival bank UBS this month amid turmoil in the global financial system.
This content was published on Jun 12, 2023Diktat is designed to reduce risks of the transaction that was orchestrated by Swiss government.
UBS mulls takeover of Credit Suisse with possible Swiss government guaranteesreuters.