en
Book chapter
Open access
English

The Rescue of UBS by the Swiss Confederation

ContributorsThévenoz, Luc
Published inInternational Monetary and Financial Law – The Global Crisis, Editors Giovanoli, M. & Devos, D., p. 378-391
PublisherOxford : Oxford University Press
Publication date2010
Abstract

This chapter examines the unique features of the rescue of UBS, Switzerland's largest bank, by the Swiss Confederation and the Swiss National Bank in the particular circumstances of the financial crisis culminating with the failure of Lehmann Brothers in September 2008. It analyses the particular mix of tools used for that purpose, including a capital injection of CHF 6 billion and the purchase of some USD 38.7 billion worth of troubled assets by the Swiss National Bank.

Citation (ISO format)
THÉVENOZ, Luc. The Rescue of UBS by the Swiss Confederation. In: International Monetary and Financial Law – The Global Crisis. Oxford : Oxford University Press, 2010. p. 378–391.
Main files (1)
Book chapter (Published version)
accessLevelPublic
Identifiers
  • PID : unige:10838
ISBN978-0-19-958841-1
917views
753downloads

Technical informations

Creation08/24/2010 2:11:00 PM
First validation08/24/2010 2:11:00 PM
Update time03/14/2023 4:01:16 PM
Status update03/14/2023 4:01:16 PM
Last indexation08/28/2023 7:26:00 PM
All rights reserved by Archive ouverte UNIGE and the University of GenevaunigeBlack