Credit Suisse: Bank rescue damages Switzerland's reputation for stability
Credit Suisse: Bank rescue damages Switzerland's reputation for stability So farewell to Credit Suisse. Founded in 1856, the bank has been a pillar of the Swiss financial sector ever since. Although buffeted by the financial crisis of 2008, Credit Suisse did manage to weather that storm without a government bailout, unlike its rival-turned-rescuer UBS.bankswitzerlandLINK