Credit Suisse's managers could face disciplinary action: Regulator

Credit Suisse's managers could face disciplinary action: Regulator

• By Staff Writer

After Credit Suisse had to be rescued by its rival UBS last week, the Swiss Financial Market Supervisory Authority (FINMA) said it was considering whether to take disciplinary action against the bank's managers. However, FINMA Chair Marlene Amstad told a Swiss newspaper that the regulator's main focus was on "the transitional phase of integration" and "preserving financial stability".