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Swiss National Bank Chairman welcomes new Credit Suisse strategy

Published by Uma Rajagopal

Posted on December 15, 2022

1 min read

· Last updated: February 2, 2026

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Swiss National Bank Chairman Thomas Jordan discusses Credit Suisse strategy - Global Banking & Finance Review
This image features Swiss National Bank Chairman Thomas Jordan during a news conference discussing Credit Suisse's new strategy. His statements highlight the reduced risks for the Swiss financial system and the significance of the capital raising effort, which are crucial topics in the banking sector.
management financial stability monetary policy
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Bern (Reuters) – The Swiss National Bank has welcomed Credit Suisse’s new strategy with Chairman Thomas Jordan saying the overhaul reduced risks for the Swiss financial system. The successful execution of the embattled lender’s capital raising was also an “important milestone,” Jordan told reporters after the central bank’s latest interest rates decision. (Reporting by […]

Bern (Reuters) – The Swiss National Bank has welcomed Credit Suisse’s new strategy with Chairman Thomas Jordan saying the overhaul reduced risks for the Swiss financial system.

The successful execution of the embattled lender’s capital raising was also an “important milestone,” Jordan told reporters after the central bank’s latest interest rates decision.

(Reporting by John Revill, editing by Mike Shields)

Frequently Asked Questions

What is the Swiss National Bank?
The Swiss National Bank (SNB) is the central bank of Switzerland, responsible for the country's monetary policy and ensuring financial stability.
What is a financial system?
A financial system is a collection of institutions, markets, instruments, and regulations that facilitate the flow of funds and allocation of resources in an economy.
What is capital raising?
Capital raising refers to the process of obtaining funds to finance business operations, investments, or growth, often through equity or debt instruments.
What is monetary policy?
Monetary policy involves the actions of a central bank to control the money supply and interest rates to achieve macroeconomic objectives such as controlling inflation and stabilizing currency.
What is financial stability?
Financial stability refers to a condition where the financial system operates effectively, with institutions able to manage risks and absorb shocks without significant disruptions.

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