FINMA assesses Zürcher Kantonalbank's emergency plan as feasible
FINMA has announced that it judges Zürcher Kantonalbank's emergency plan to be implementable. As a systemically important bank, Zürcher Kantonalbank is legally obliged to draw up an emergency plan with the aim of being able to continue systemically important functions in the event of impending insolvency. In previous years, Zürcher…
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