Credit Suisse post mortem, Norwegian stagflation

Swiss lawmakers' vote against the Credit Suisse rescue package this week does not impact the bank's takeover by UBS or the associated government guarantees. However, it has highlighted the need for stricter banking regulations in Switzerland and a revamp of resolution plans for banks considered too-big-to-fail. Other countries will watch any rule changes closely, given that Credit Suisse was the first major test of post-financial crisis rules.