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The Credit Suisse Collapse and the Limits of Deregulation

Switzerland is reeling from the collapse of its second largest bank, Credit Suisse, and its takeover by its largest bank UBS. While the collapse of Silicon Valley Bank has sent tremors in California and elsewhere, the failure of Credit Suisse is being …

Switzerland is reeling from the collapse of its second largest bank, Credit Suisse, and its takeover by its largest bank UBS. While the collapse of Silicon Valley Bank has sent tremors in California and elsewhere, the failure of Credit Suisse is being felt here like an earthquake. On the political/economic Richter scale in Switzerland, this More

The post The Credit Suisse Collapse and the Limits of Deregulation appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Daniel Warner.


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