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Bastian BenrathFortune |
“Government bond markets would be hit first, but the strains could spread more broadly.”
A key plank is strengthening Finma, the banking watchdog which was unable to prevent years of bad management at Credit Suisse.
The government-orchestrated rescue of Credit Suisse last year may have favored the result: "People have been angry."
“Swisscom is aware of the seriousness of this incident and apologizes for the inconvenience caused."