Karin Keller-Sutter: the finance minister behind the rescue of Credit Suisse

Karin Keller-Sutter, Switzerland's finance minister, led the rescue plan for Credit Suisse, which induced UBS into a shotgun marriage using billions in taxpayer guarantees. The decision to use taxpayer money to bail out a commercial entity contradicts Keller-Sutter's pro-business and economically li

March 26, 2023 . 6:13 AM

1 min read

Karin Keller-Sutter, Switzerland's finance minister, led the rescue plan for Credit Suisse, which induced UBS into a shotgun marriage using billions in taxpayer guarantees.
The decision to use taxpayer money to bail out a commercial entity contradicts Keller-Sutter's pro-business and economically liberal views.
Keller-Sutter is respected for combining financial expertise with a profound understanding of business challenges.
She inherited her attitude towards business from her parents who ran a local restaurant.
Keller-Sutter is known for her tenacity and convictions, and commands respect from across the political spectrum.