Navigation

CS chief gives upbeat outlook for Swiss banking

The chief executive of Credit Suisse, Brady Dougan, says he is confident that Swiss banks are well placed to deal with the challenges of the future.

This content was published on December 27, 2011 - 10:39
swissinfo.ch

In an interview with the newspapers, Tages-Anzeiger and Der Bund, Dougan said Switzerland would come out stronger from a tax row with the United States.

He said the quality of Swiss banking would prevail even without the advantage of banking secrecy for taxes.

Dismissing the gloomy forecasts by the former CEO of rival UBS bank, Oswald Grübel, Dougan said Switzerland offered excellent conditions to remain a leading financial centre.

He praised the Swiss government for ensuring continuity and upholding a predictable policy line.

Dougan, CEO of Credit Suisse since 2007, also said he backed calls by a global protest movement demanding clear banking regulations to prevent a new crisis and bailout programmes by the states.

This article was automatically imported from our old content management system. If you see any display errors, please let us know: community-feedback@swissinfo.ch

Comments under this article have been turned off. You can find an overview of ongoing debates with our journalists here. Please join us!

If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.

Share this story

Join the conversation!

With a SWI account, you have the opportunity to contribute on our website.

You can Login or register here.