Documents collected by a commission of the Swiss parliament during the investigation into the collapse of Credit Suisse will be classified for 50 years for reasons of secrecy. In this respect informs Reuters agency.
The publication noted that usually in Switzerland, documents of such checks are classified for 30 years. However, it was decided to extend the deadline after the public’s reaction.
According to the agency, the investigation was the fifth in the country’s modern history. At the same time, the commission has the right to apply to the Swiss Council of Ministers, the Ministry of Finance and other government agencies for necessary information.
At the same time, representatives of the Swiss Historical Society said that documents should be available for review, as experts need to study data on the 2023 banking crisis. Therefore, confidential documents can provide invaluable assistance to society.
At the end of June, Bloomberg, citing sources, reportedSwitzerland’s largest bank UBS has decided to lay off more than half of the employees of the acquired bankrupt bank Credit Suisse.
Previously reportedThe banking brand Credit Suisse could disappear.