Timeline
Takeover of Credit Suisse by UBS: Chronological overview of events and measures from 15 March 2023 onwards.
Date | Event |
|---|---|
15.03.2023 | Statement by FINMA and the SNB on market uncertainty |
19.03.2023 | Press conference on the emergency ordinance and the takeover of Credit Suisse by UBS, following the Finance Delegation's approval of the urgent guarantee credits Approval of the takeover by FINMA Support from the SNB in the form of liquidity assistance |
21.03.2023 | Suspension of deferred variable remuneration at CS by the FDF |
23.03.2023 | Information from FINMA on the basis for writing down AT1 capital instruments |
24.03.2023 | Council of States Control Committee's decision on initial investigation into the authorities' conduct Presentation of the situation before the National Council Legal Affairs Committee and the Council of States Finance Committee |
27.03.2023 | Office of the National Council requests establishment of a Parliamentary Investigation Committee, scheduling of extraordinary session |
28.03.2023 | Presentation of the situation before the Council of States Economic Affairs and Taxation Committee |
29.03.2023 | Publication of the special dispatch of the Federal Council on guarantee credits for the SNB and UBS |
30.03.2023 | Council of States Finance Committee's decision on the retroactive approval of the guarantee credit |
31.03.2023 | National Council Control Committee requests initial investigation into the authorities' conduct Office of the Council of States resolves not to decide on establishment of a Parliamentary Investigation Committee until after Control Committee hearing National Council Finance Committee approves guarantee credits |
11.-13.04.2023 | Extraordinary session of Parliament |
09.06.2023 | Signing of the loss protection agreement between the Confederation and UBS |
11.08.2023 | Credit Suisse/UBS: all federal guarantees terminated |
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Dossier Credit Suisse-UBS
UBS takeover of Credit Suisse
Am 19. März 2023 verabschiedete der Bundesrat ein Massnahmenpaket, das die Übernahme der Credit Suisse durch die UBS ermöglichte.
