Swiss regulator faces lawsuits over Credit Suisse collapse!

The dispute is over AT1 bonds, which the authority had valued at zero, wiping out their aggregate value of about $17 billion (CZK 365 billion).

I always thought that the Swiss banking system was unparalleled in the world, but unfortunately the fall of Credit Suisse suggests the opposite. Bank $CS had to be taken over by its rival and one of the largest Swiss banks, UBS.

How do you see the market position of $UBS?