ZURICH, June 22 (Reuters) - The Swiss National Bank (SNB) on Thursday said it was crucial to draw lessons and take measures from the Credit Suisse crisis that led to the bank's downfall and forced rescue by rival UBS.
"These measures need to strengthen banks’ resilience in order to prevent a loss of confidence wherever possible, and ensure a broad range of effective options to stabilise, recover or wind down a systemically important bank in the event of a crisis," the central bank said in its 2023 financial stability report.
(Reporting by Noele Illien Editing by Tomasz Janowski)
