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Swiss Central Bank Says It Couldn’t Save Credit Suisse

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The Swiss National Bank couldn’t save Credit Suisse, according to vice chairman Martin Schlegel who suggested that suspended interest rate payments on AT1 bonds could have provided some relief.  The Swiss National Bank lacked the means to rescue Credit Suisse, according to vice chairman Martin Schlegel in an interview with…

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Click here to read the full story: Finews.asia

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