“Finanzplatz steuert auf eine Verstaatlichung der UBS zu (Switzerland on its Way to Nationalizing UBS),” NZZ, 2023

Neue Zürcher Zeitung, March 22, 2023. PDF.

How to respond? Nationalization now rather than later? Breaking UBS up? Placing government representatives on the supervisory board?
Illiquidity crises and the lender of last resort.
Vollgeld, higher reserve requirements, and CBDC as partial solutions to TBTF problems.