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Swiss MP Anticipates SNB Ruling on Credit Suisse by Monday

Swiss MP Thomas Matter recently expressed to Reuters his expectation that the Swiss National Bank (SNB) will decide on Credit Suisse by Monday morning.

Thomas Matter, Member of the Swiss National Council
Thomas Matter, Member of the Swiss National Council

SNB's Role in Price and Financial Stability

Matter emphasized that the SNB is responsible for maintaining both price and financial stability, and the anticipated announcement would reflect these duties.

Restoring Trust Through Liquidity and Collateral

The Swiss MP believes that the SNB would offer liquidity against collateral to halt a potential bank run, restoring public confidence in the safety of their money.

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