Chapter of UniCredit S. p. A Orsel declared that bankruptcies Credit Suisse SVB and Credit Suisse Group AG were "isolated cases"

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So far it is possible to claim that the world banking sector managed to avoid global financial crisis because of bankruptcies of the large investment credit organizations — the American Silicon Valley Bank (SVB) and the Swiss Credit Suisse Group AG. These cases were single, and similar problems were not thrown on the majority of banks worldwide, Andrea Orsel agency information agency "Bloomberg" quote the chief executive officer of UniCredit S. p. A. "Recent bankruptcies were isolated cases, they were substantially peculiar, they emphasized that regulation has to...
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Andrea Orsel
Last position: CEO (UniCredit S. p. A)
Janet Louise Yellen
Last position: Minister (United States Department of the Treasury)
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