Comment & Analysis
Switzerland’s Too-Big-to-Fail Plan Is Flawed, Ex-BOE Deputy Says
Switzerland’s approach to winding down a globally-systemic bank such as UBS Group AG has features which could worsen the turmoil in a hypothetical future crisis, according to a key architect of global financial rules. The country’s “Too-Big-To-Fail” regime is too focused on preserving local activities in the event of a…
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Click here to read the full story: swissinfo.ch