Switzerland, Banks Discuss New Rules To Stop Bank Runs: Reuters

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Because a potential UBS failure would threaten a domino effect in global financial system?

Exclusive: Swiss authorities, banks mull new rules to prevent bank runs -sources

LONDON/ZURICH, Nov 2 (Reuters) – Swiss authorities and lenders, including UBS (UBSG.S), are discussing new measures to prevent bank runs after Credit Suisse’s rescue earlier this year, four sources familiar with the matter said, a move that could affect billions in deposits.

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The talks, which have not been previously reported and are part of a broader review of the country’s banking rules, are intended for the top Swiss banks and could target mainly their wealth clients, two of the sources said.