(MENAFN- Swissinfo) More than CHF100 billion ($109 billion): that's how much the Credit Suisse takeover could have cost the federal government had it not succeeded. Now the government wants to set up a permanent safety net for the banks. The recommendation for this comes from the Financial Stability Board, a body in which the world's most important finance ministers and central bankers discuss banking regulations.
What exactly does the government want? What speaks in favour of a state liquidity guarantee – and what speaks against it? And how does the government's proposal relate to the banks' capital requirements? Find out this and more in the latest Geldcast update.
From stock exchanges and bitcoin to inflation and monetary policy, the Geldcast update features the latest from the world of international finance – in a clear and entertaining format for everyone who wants to stay up to date. The podcast is hosted by monetary economist and business journalist Fabio CanetgExternal link .
Subscribe to the Geldcast Update in English on YouTube.External link You can find many more episodes in German on SpotifyExternal link .
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