In 1962 Max Iklé, then a member of the SNB governing board, stressed that he was also concerned with correcting Switzerland’s reputation.

Source: https://www.swissinfo.ch/eng/politics/when-the-franc-had-to-learn-to-float/48301476?utm_campaign=swi-rss&utm_source=multiple&utm_medium=rss&utm_content=o

That's the lowest level in overall sight deposits since January 2017 as the SNB is still busy tweaking its policy settings as noted since last year.

Source: https://www.forexlive.com/news/snb-total-sight-deposits-we-20-january-chf-5316-bn-vs-chf-5362-bn-prior-20230123/

The public sector will contribute nine billion to the losses of CS and 200 billion will be made available to the two banks in the form of loans, half of which will be guaranteed by the federal government and half by the Swiss National Bank (SNB).

Source: https://www.greenleft.org.au/content/banking-crisis-switzerland-socialise-financial-sector

The SNB the same day offered the bank support and as happened for the US, the fears started to dissipate and switched the sentiment from risk off to risk on.

Source: https://www.forexlive.com/technical-analysis/eurusd-technical-analysis-20230317/