Cracks show at ‘stressed’ Swiss financial watchdog

What the resignation of FINMA's CEO says about the financial watchdog and the challenge of restoring order in the Swiss banking sector.

The Swiss financial regulator is under extreme pressure following the emergency takeover of Credit Suisse by UBS. The pressure is starting to tell, forcing the unexpected resignation of the watchdog’s CEO. Urban Angehrn lasted less than two years in the job before “the high and permanent stress leve... More info