There may be Swiss people proud of Swiss banking as an abstract concept, but I'd be surprised if much of that extended to Credit Suisse in particular as a concrete bank. Given that the overall economy is quite good, there might be a certain appetite even in business friendly circles to let a badly run bank fail pour encourager les autres, but its size would make such a failure fairly difficult to handle.
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It’s a source of pride for the Swiss, and hence Swiss government won’t let it fail no matter how poorly it’s managed.
There may be Swiss people proud of Swiss banking as an abstract concept, but I'd be surprised if much of that extended to Credit Suisse in particular as a concrete bank. Given that the overall economy is quite good, there might be a certain appetite even in business friendly circles to let a badly run bank fail pour encourager les autres, but its size would make such a failure fairly difficult to handle.
I don't think so. Maybe some banks but not CS and not UBS. In fact you may as well rename "Credit Suisse" to "Credit Saud" at this point.[1]
[1] https://www.swissinfo.ch/eng/business/-just-another-cheque--...
So true, I just wonder how will they package it for the voters.