In theory, after the 2008 bailout, the Swiss people were promised that this would be the last time, and next time the bank(s) in question would be wound down.
I'm not super optimistic this actually is going to happen. On the other hand, in contrast to 2008, UBS, the other large bank, is not in crisis right now, so the argument that it's an enterprise rather than a sector problem is much stronger.
I'm not super optimistic this actually is going to happen. On the other hand, in contrast to 2008, UBS, the other large bank, is not in crisis right now, so the argument that it's an enterprise rather than a sector problem is much stronger.