Swiss Banks Push for Financial Innovation Amid Calls for Basel Rule Delay
The Swiss financial sector, particularly Credit Suisse, faced turmoil last year. In response, Swiss bankers, technocrats, and regional officials began creating a new financial infrastructure. Their efforts aimed to restore Switzerland’s standing in the global financial world. In March 2023, UBS Group AG rescued Credit Suisse. Subsequently, Zurich and Basel cantons issued the first tokenized […]