Two Swiss Too-Big-to-Fail Banks Fail Emergency Planning Test
- Raiffeisen and PostFinance don’t make the cut: Finma
- Credit Suisse and UBS have ‘effective’ plans: regulator
An illuminated Raiffeisen logo hangs above the entrance to a Raiffeisen Schweiz bank branch in Bern.
Photographer: Stefan Wermuth/BloombergThis article is for subscribers only.
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Two of the five Swiss banks deemed by the country to pose a risk to the financial system in a major crisis don’t have an effective emergency plan in place, the country’s banking regulator found.