Friday, August 4, 2023

Switzerland after Credit Suisse's implosion

Here's the Big Take.

Aug. 4, 2023

People gather at Rutli meadow during Swiss National Day celebrations on Aug. 1. Photographer: Arnd Wiegmann/Bloomberg

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Credit Suisse was an icon of the Swiss economy. Its implosion marked a huge blow to the national psyche, and was seen by many as something that could, or should, trigger a profound change to the way the country works. Yet four months on, there are few signs that anyone is readying for major change in Switzerland.

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