The liquidity support provided for the CS rescue is not free. Therefore, the bottom line could be a profit for the federal government. The rescue of UBS 15 years ago was also profitable.
The federal government took on major financial risks to save Credit Suisse. This goes hand in hand with the prospect of a potential profit. So far, it seems to be paying off: the federal government has already earned around 100 million francs with the CS rescue. By the end of April, the amount was almost 80 million. 20 million are added every month. But how does this profit come about?
2023-05-26 13:49:24
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