Swiss bank regulator: If necessary the SNB will provide Credit Suisse with liquidity

• Credit Suisse meets the capital and liquidity Liquidity Liquidity refers to the extent of a financial instrument’s ability to be bought or sold without causing price fluctuations. Thus, if an asset is extremely liquid, it means one can trade that asset in the knowledge that one’s specific dealing won’t create significant movements in the market.This is because there exists such a large number of traders going both long and short, generating huge volume for that particular asset. Liquidity in the FX MarketTake the example of the foreign exchange marke Liquidity refers to the extent of a financial instrument’s ability to be bought or sold without causing price fluctuations. Thus, if an asset is extremely liquid, it means one can trade that asset in the knowledge that one’s specific dealing won’t create significant movements in the market.This is because there exists such a large number of traders going both long and short, generating huge volume for that particular asset. Liquidity in the FX MarketTake the example of the foreign exchange marke Read this Term requirements imposed on systemically important banks
• FINMA and SNB assert that the problems of certain banks in the USA do not pose a direct risk of contagion for the Swiss financial markets

Separately, Reuters quotes Swiss MP Thomas Matter who says there is no discussion of state aid for Credit Suisse at the moment. He said he wouldn't be surprised if the SNB makes an announcement on Credit Suisse by Monday morning.

There were earlier reports that Credit Suisse had asked the SNB and Finma to make a public statement and this is it. Will it be enough?

This leak about something by Monday is more encouraging as Credit Suisse could be merged with a stronger bank.