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Paradeplatz, Zurich's Wall Street, symbolic centre of the Swiss banking industry, reflected in the entry to UBS, Switzerland's largest bank. UBS, considered 'too big to fail' was bailed out by the Swiss government following record losses for a Swiss company following excessive exposure to the U.S. subprime market.
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Mark Henley
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Bank on Us, No Credit Suisse
Paradeplatz, Zurich's Wall Street, symbolic centre of the Swiss banking industry, reflected in the entry to UBS, Switzerland's largest bank. UBS, considered 'too big to fail' was bailed out by the Swiss government following record losses for a Swiss company following excessive exposure to the U.S. subprime market.