UBS Chief Sergio Ermotti describes Swiss response to Credit Suisse collapse as emotional
CEO Sergio Ermotti said Switzerland reacted emotionally to the 2023 Credit Suisse crisis. He noted that current regulatory proposals are still unacceptable.
Insights:
Sergio Ermotti, the CEO of UBS Group AG , stated on February 9, 2026, that Switzerland 
CH had an emotional reaction to the 2023 Credit Suisse crisis and that current regulatory proposals aimed at preventing a similar crash are not acceptable to the bank. This public rejection is significant as it directly addresses measures that are currently under active consideration by the Swiss Parliament. The remarks highlight a major bank's opposition to the regulatory framework being developed in the wake of the 2023 Credit Suisse crisis.
CH had an emotional reaction to the 2023 Credit Suisse crisis and that current regulatory proposals aimed at preventing a similar crash are not acceptable to the bank. This public rejection is significant as it directly addresses measures that are currently under active consideration by the Swiss Parliament. The remarks highlight a major bank's opposition to the regulatory framework being developed in the wake of the 2023 Credit Suisse crisis.
