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Tag: Karin Keller-Sutter

Swiss minister guarantees that the liquidation of Credit Suisse would cause significant economic damage

The liquidation of Credit Suisse would cause "significant" economic damage, Swiss Finance Minister Karin Keller-Sutter said in an interview published this Saturday by the Neue Zürcher Zeitung (NZZ) newspaper. The emergency takeover of Credit Suisse by UBS for a small fee and solid financial guarantees from the authorities is drawing sharp criticism in Switzerland. ...