National Council and Council of States deal withat the extraordinary session this week exclusively with the debacle surrounding Credit Suisse.
The Council of States has the CHF 109 billion emergency loans to CS rescue approved.
The National Council rejects the emergency loans. The business then goes back to the Council of States.
The UBS will the CS for three billion francs take over. In order to reduce risks for UBS, the federal government is taking on a Loss guarantee of nine billion Swiss francs.
Overall, the federal government and the Swiss National Bank (SNB) provide security guarantees 259 billion francs available.
A compilation of the most important articles on the current banking crisis can be found here.
Credit Suisse: Takeover by UBS
open box close the box
Legend:
KEYSTONE/Michael Buholzer
The major bank Credit Suisse is taken over by UBS. The latest developments relating to CS and the current banking crisis in Switzerland as well as reactions and assessments can be found here.
Receive all news highlights directly via browser push and always stay up to date.
Close
Well informed at all times!
Receive all news highlights directly via browser push and always stay up to date. More
Push notifications are brief notifications on your screen with the most important news – regardless of whether srf.ch is currently open or not. Click on one of the links to go to the corresponding article. You can opt out of these communications at any time. Fewer
push notifications
activate
You have already hidden this notice about the activation of browser push notifications several times. Do you want to permanently hide this notice or be reminded of it again in a few weeks?
Hide
Hide
Remember later
Remember later
Most Read Articles
Scroll left
Scroll right
Social login
For the registration we need additional information about you.
The maximum number of codes for the specified number has been reached. No more codes can be created.
Confirm email address
We have sent you an email to the address * emailAddressData * Posted. Please check your e-mail inbox and confirm your account using the activation link you received.
No message received?
If you have not received an email after 10 minutes, please check your SPAM folder and your email address.
We have sent you an email to the address * emailAddressData * Posted. Please check your e-mail inbox and confirm your account using the activation link you received.
No message received?
If you have not received an email after 10 minutes, please check your SPAM folder and your email address.
You can now log in to the article with your new password.
Create a new password
We didn’t recognize the reset password code. Please re-enter your email address so we can send you a new link.
* #resetPasswordForm * * signInEmailAddress *
* /resetPasswordForm *
Create new password
You will shortly receive an email with a link to renew your password.
No message received?
If you have not received an email after 10 minutes, please check your SPAM folder and your email address.
deactivate account
Your account will be deactivated and you cannot reactivate it. Recorded comments will not be deleted.
Do you really want to deactivate your account?
* deactivateAccountForm *
* /deactivateAccountForm *
Account deactivated
Your account has been deactivated and can no longer be used. If you would like to register again for the comment function, please contact SRF customer service.
Social login
For the registration we need additional information about you.
* #socialRegistrationForm * * firstName * * lastName * * emailAddress * * displayName * * mobile * * addressCity *
* /socialRegistrationForm *