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Credit Suisse
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Photo: Bloomberg

Rajesh Kumar
In the context of the collapse of Credit Suisse, our lead editorial notes that, for regulators the world over, there are lessons from this episode. Credit Suisse had pre-existing problems that caused its fall, merely accelerated by the difficult moment. Perhaps the most important lesson was underlined by Chief Economic Advisor V Anantha Nageswaran recently, when he argued that “margins of safety” on operations were crucial, for both investors and regulators. Read here

What’s different this time is that global financial stress – which has its genesis in four policy choices made in recent years – is juxtaposed

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First Published: Mar 21 2023 | 6:30 AM IST

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