Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2023
Credit Suisse investment and chairman resignation
SNB's near-10 percent Credit Suisse holding became controversial during the Swiss bank's liquidity and confidence crisis. Chairman Ammar Abdul Wahed Al Khudairy's statement that SNB would not provide additional capital because of regulatory constraints was followed by his resignation and intensified market attention. Credit Suisse was later acquired by UBS, sharply reducing the value of the investment. The supplied sources do not establish misconduct by SNB.