In mid-March 2023, Credit Suisse ceased to exist as an independent bank. This was preceded by many scandals and two massive “bank runs”. The bank was then merged with UBS with government support.
Subsequently, the Federal Council appointed a group of experts to deal with strategic issues of financial stability and the problem of “too big to fail” banks. On this website you will find the result of this work.
You can download the report here. Please note that the German version is the official one.
The report was prepared by an expert group consisting of the following members:
Hans Gersbach – Professor of Macroeconomics, ETH Zurich, Co-Director of the KOF, member and former chairman of the Scientific Advisory Board of the Federal Ministry for Economic Affairs and Climate Action, Germany
Eva Hüpkes – Head of Regulatory and Supervisory Policies, Financial Stability Board (to 31 July 2023), Secretary General, International Association of Deposit Insurers (from 1 August 2023), and lecturer in International Monetary Law, University of Zurich
Renaud de Planta – Senior Partner and Chairman of the Group Executive Committee, Pictet Group and member of the Board of Directors Committee at SwissBanking
Mirjam Eggen – Professor of Private Law, University of Bern, Chair of the Swiss Takeover Board
Eva Jaisli – CEO of PB Swiss Tools AG, Vice President of Swissmem, member of the Board Committee at economiesuisse
Yvan Lengwiler (Chairman) – Professor of Economics, University of Basel, specialising in financial market regulation and monetary policy
Beatrice Weder di Mauro – Professor of International Economics, Geneva Graduate Institute (IHEID), Visiting Professor at INSEAD Singapore and President of the Centre for Economic Policy Research (CEPR)
Rudolf Sigg – President of the Board of Directors at esisuisse, former Chief Financial Officer (CFO) and member of the Executive Board at Zürcher Kantonalbank
(from left back to right front)
