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The Swiss government wants to tighten the screws on banks to prevent another crisis, three years after the Credit Suisse debacle.

Bern wants to strengthen the powers of the financial watchdog. The reinforcement of the regulatory framework provides for fines, a freeze on bonuses and early intervention in case of suspicion.

Translated from French Read in French

The Swiss government wants to tighten the screws on banks to prevent another crisis, three years after the Credit Suisse debacle.

We haven't written up this one. Le Monde Economie has the full story — the link below goes straight to it.

Read the original at lemonde.fr →

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