Evaluation: too huge for Switzerland? Credit score Suisse bailout creates financial institution twice the scale of the financial system
London (CNN) Credit score Suisse’s last-minute bailout could have prevented the present banking disaster from erupting, but it surely’s crude enterprise for Switzerland. Fears that Credit score Suisse’s fall might set off a broader banking meltdown has left Swiss regulators with few good choices. A draw with its largest rival, UBS extension (UBS extension)it supplied …