Interview with banking expert: “CS acted arrogantly and Finma watched for far too long” |  Basler newspaper

Interview with banking expert: “CS acted arrogantly and Finma watched for far too long” | Basler newspaper

The banking expert criticizes the financial market supervisory authority, which has not taken action at Credit Suisse for years despite many alarm signals.

Thomas Knellwolf

She was there when the end of the big bank was announced: Marlene Amstad, President of the Financial Market Authority, together with the Presidents of CS and UBS and the Federal Council spokesman.

She was there when the end of the big bank was announced: Marlene Amstad, President of the Financial Market Authority, together with the Presidents of CS and UBS and the Federal Council spokesman.

Photo: Peter Klaunzer (Keystone)

Ms. Roth, who failed when CS went down?

Primarily the Board of Directors of CS. But then also Finma, and not just in the past few weeks or days, which I don’t allow myself to rate yet, because too much is still unclear.

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