BERN, April 12 (Reuters) – The decrease home of Switzerland’s parliament voted late on Tuesday to retrospectively reject the 109 billion Swiss francs of monetary ensures the federal government gave to Credit score Suisse (CSGN.S) as a part of a swiftly cobbled-together rescue bundle.
At a rare authorities session known as to debate Credit score Suisse’s demise, 102 parliamentarians voted in opposition to the measure. Earlier on Tuesday, Switzerland’s higher home voted in favor of the federal government ensures.
The votes are, nonetheless, largely symbolic because the state has dedicated the funds and lawmakers can’t overturn that call.
Reporting by Noele Illien; Modifying by Leslie Adler
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