Majority of Swiss people skeptical of Credit Suisse takeover by UBS, according to SSR poll – rts.ch

If more than half of the people questioned disagree with the decision taken last weekend, a little more than a third see this recovery in a good light (35% very/rather agree).


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A slight difference of opinion can be noted between German-speaking Switzerland (56% of respondents say they totally disagree/tend to disagree) and the Latin-speaking regions (French-speaking 47%; Italian-speaking 51%).


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The voters of the Greens, the Socialist Party and the UDC are much more critical than those of the political center (PLR, Le Centre, Vert’libéraux).


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In total, 40% of those questioned consider that a temporary nationalization of Credit Suisse would have been a better alternative than its takeover by UBS. Sixteen percent consider the two solutions to be equivalent. Only a minority believe that a controlled bankruptcy of Credit Suisse would have been a valid alternative. It should be noted that a large proportion of supporters of the PS, the Greens and the UDC would have preferred a temporary takeover of the bank by the State (between 42% and 46%).

Between anger and worry

On the emotional level, anger and insecurity currently predominate: 66% of those polled say they are furious.

Although this sentiment is more marked within the political left, anger and uncertainty are the dominant sentiments in all political camps. Only supporters of the PLR ​​say they are mostly serene and optimistic.

A slight linguistic gap can be observed. The most important difference concerns fear: while the majority of respondents in French-speaking Switzerland and Italian-speaking Switzerland react to the recovery with fear, this feeling is much less present in German-speaking Switzerland. The Latins also say they are more angry than the Germanic ones.


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The most credible SNB, the PS in evidence

The Swiss National Bank (SNB) emerged from the past week as the most credible player in this crisis (56% very/rather credible). Trust in FINMA, the financial market regulator, is significantly lower (29%).

In second place, we find the management of UBS (46%), which is even perceived as more credible than the Federal Council (44%). The contrast is striking with the management of Credit Suisse, which comes last in the ranking (8%).

On the party side, the PS is doing well. It is perceived as the most credible formation on this issue, ahead of all the other parties and even before the Federal Parliament. Thirty-seven percent of voters in Switzerland say they consider the PS to be trustworthy.

The Center and the Greens are perceived as credible by 33% and 32% of respondents respectively. The parties which include the representation of the interests of the economy in their program – the UDC (29%), the Vert’liberaux (28%) and the PLR ​​(26%) – are considered the least reliable on this question.


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>> The 7:30 p.m. analysis on the influence of the Credit Suisse debacle on the upcoming federal elections:

7:30 p.m. –


Posted yesterday at 7:30 p.m.

Concern for employment

Those polled are also worried regarding job losses (83% very/or rather agree) that this recovery might cause, as well as the direct consequences for the Swiss financial center (75%). The reputation of the Swiss economy is also a concern (73%).

Only 38% of respondents believe that UBS will be weakened by the takeover of Credit Suisse.

Three demands on the table

Respondents formulate three requirements extremely clearly: accountability on the part of the Board of Directors of Credit Suisse (96% very or somewhat agree), measures once morest abusive remuneration in the banking sector ( 93%) and the requirement that profits not remain private while risks are nationalized (88%).

These three unchallenged claims underline the great disappointment aroused by this politico-economic wreckage and its leaders, according to the gfs.bern institute.

The awareness of the risks associated with the current situation of UBS following the merger is also very strong. More than three-quarters of respondents would support a division of UBS and a separation of investment banking from traditional banking activities. In this context, the demand that the Swiss activities of the former number two Swiss bank be continued under the name of Credit Suisse is still supported by a majority (58%).

Finally, the demand for a rapid popular vote on the right of necessity, which allows the Federal Council to take urgent decisions without consultation, is only supported by a small majority. On the other hand, 71% of respondents defend the project of a parliamentary inquiry already demanded by several parties.

>> Listen also Forum analyze the results of the poll on Friday evening:

Forum –


Posted yesterday at 6:00 p.m.

Texts: Hélène Krähenbühl
Graphics: Antoine Schaub

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