To Switzerland the parliament confirmed the transaction in 109 billion francs on rescue of Credit Suisse Group AG

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The power Switzerland spoke out in defense of merges with mediation of the state of two largest banks of the country, UBS and Credit Suisse Group AG, at the emergency parliamentary session called for thorough examination of this question. Credit institutions have to receive from the state of a guarantee of liquidity on 109 billion francs, reports the Blick magazine. Emergency session with participation of representatives of national council and council of states - only the third for the last twenty years - cannot cancel the transaction as it was already confirmed with small group of the high-ranking members of parliament. One...
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Alain Berse
Last position: Head of department (Ministry of Internal Affairs of Swiss Confederation)
Keller Karyn
Credit Suisse
Main activity:Finance
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