• SWI SBA Chairman Marcel Rohner and deputy CEO August Benz commented on the current situation of the Swiss financial center during a media conference on 21 March.
• Follows SWI GVT, SWI CB, FINMA March 2023 approved UBS/CS takeover.

Best Solution

• SWI SBA said the takeover is best possible solution under challenging circumstances.
• Decision made for the benefit of the Swiss financial center and strengthens confidence.
• Solution would ensure stability of financial center; no taxpayer money to be used.
• SWI SBA is behind TBTF regulation: created prerequisites for Credit Suisse crisis.
• It also contributes to the very stable position of the Swiss financial center overall.
• In Switzerland, capital and liquidity requirements apply and the banks are correspondingly very well capitalized, stable and enjoy a high level of trust overall.