Swiss finance minister's impending exit raises concern about reform

08/8/2010 | Wall Street Journal, The

Hans-Rudolf Merz, finance minister for Switzerland, announced that he will retire in October. Merz's pending departure is raising questions about who will lead changes to banking regulation. The announcement comes as the Swiss National Bank and the Swiss Financial Markets Authority aim to insulate riskier parts of banking giants Credit Suisse and UBS.

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