The Swiss National Bank (SNB) is currently experiencing internal disagreements regarding the handling of Credit Suisse.
The current SNB Chairman, Martin Schlegel, has expressed a preference for nationalization instead of the proposed sale of Credit Suisse to UBS.
This differs from the stance of his predecessor, Thomas Jordan, and Finance Minister Karin Keller-Sutter, who supported the UBS takeover.
The parliamentary commission of inquiry has highlighted this significant difference in opinion within the SNB, indicating a potential division in the approach to managing the crisis surrounding Credit Suisse.
Schlegel's position suggests a more interventionist strategy, which could have wide-ranging implications for the Swiss banking sector and its regulatory framework.