Swiss lawmakers put banks in spotlight

UBS and Credit Suisse dominated debate in Switzerland’s parliament in June 2011, as lawmakers turn to regulation of the country’s two biggest banks by assets.

On the 14 June 2011, the upper house discussed plans to prevent the pair becoming 'too big to fail'. The debate followed recommendations by a parliamentary committee to back legislation, modelled on proposals from 2010 from an expert commission.

ESO: Background information: Swiss banks still have right combination http://www.europeansources.info/record/swiss-banks-still-have-right-combination/

Swissinfo.ch, 21.4.11: Media urge smooth passage of big banks bill http://www.swissinfo.ch/eng/Specials/Rebuilding_the_financial_sector/News,_results,_regulations/Media_urge_smooth_passage_of_big_banks_bill.html?cid=30056230

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