Swiss National Councillors Nordmann and Matter have expressed concerns about the recent PUK report on the Credit Suisse crisis, describing it as a "systemic failure."

The report identifies significant deficiencies in the bank's governance and risk management practices, which contributed to its downfall. Both councillors stressed the need for accountability and reform in the financial sector to prevent similar incidents in the future.

They called for a comprehensive examination of the regulatory framework governing Swiss banks, advocating for stronger oversight mechanisms to protect the stability of the financial system. The implications of the Credit Suisse debacle continue to be discussed, raising questions about the resilience of traditional financial institutions in the face of emerging challenges.