Briefs
Swiss regulator says mortgage market is too big to fail
It was still too early to say just how serious a housing slowdown would be for the country's economy, Finma Chief Executive Mark Branson said at the Swiss International Finance Forum in Berne.
"The mortgage market is growing considerably faster than GDP is growing," Branson said. "This growth has stabilised but has not receded yet, so we cannot really be sure there will be a soft landing in the real estate market."
($1 = 0.8916 Swiss Francs)