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Credit Suisse was also a primary dealer and Forex counterparty of the Federal Reserve in the United States. Credit Suisse was founded in 1856 to fund the development of Switzerland's rail system. It issued loans that helped create Switzerland's electrical grid and the European rail system.
Swiss central credit information bureau. The Swiss central credit information bureau, (German Zentralstelle für Kreditinformation (ZEK), French Centre d'informations de crédit), is a Swiss organisation centralizing and listing every credit attached to someone. Its goal is to check that a new credit or loan given to an individual lies within ...
This is a list of countries by credit rating, showing long-term foreign currency credit ratings for sovereign bonds as reported by the largest three major credit rating agencies: Standard & Poor's, Fitch, and Moody's.
Steve Kroft, host of Banking: A Crack In the Swiss Vault In November 2013, the Zürcher Kantonalbank was classified as a systemically important bank in Switzerland by order of the Swiss National Bank (SNB), alongside UBS, Credit Suisse, Raiffeisen (Switzerland) and PostFinance, and must meet stricter capital requirements and prepare contingency plans for times of crisis. In another step toward ...
It also said it no longer required a 100 billion franc ($114.2 billion) government-backed loan and that Credit Suisse had repaid an earlier loan from Switzerland’s central bank of 50 billion ...
The Federal Consumer Credit Act (German: Bundesgesetz über den Konsumkredit, KKG, French: Loi fédérale sur le crédit à la consommation, LCC, Italian: Legge federale sul credito al consumo, LCC), is a Swiss federal law that aims to increase the protection of borrowers against overindebtedness. [ 1 ] The law covers consumer credits and ...
The Swiss Financial Market Supervisory Authority (FINMA; German: eidgenössische Finanzmarktaufsicht, French: Autorité fédérale de surveillance des marchés financiers, Italian: Autorità federale di vigilanza sui mercati finanziari) is the Swiss government body responsible for financial regulation. This includes the supervision of banks ...
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