Factbox-Swiss government’s ‘too big to fail’ proposals loom for UBS

The Swiss government will this month present proposals aimed at protecting the country against the risk of banks deemed "too big to fail" in response to UBS's emergence as the country's sole big lender with its 2023 takeover of Credit Suisse. The state could not abandon these banks, giving them implicit government guarantees, making them too big to fail (TBTF). The collapse of Credit Suisse and several regional U.S. banks last year showed TBTF rules were insufficient.