Credit Suisse's collapse in March 2023 was exacerbated by a lack of timely communication from top officials, including Federal Councillor Ueli Maurer, who withheld critical information. Despite incurring a cumulative loss of 33.7 billion francs from 2010 to 2022 while paying out nearly 40 billion francs in bonuses, the bank faced numerous scandals and regulatory scrutiny, raising questions about the effectiveness of the Financial Market Supervisory Authority. Calls for stricter regulations and enhanced oversight for systemic banks have intensified in light of the failures that led to the bank's downfall.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.
