According to reports, the Swiss National Bank (SNB) and Swiss financial regulators feel that the recovery of Swiss investment bank Credit Suisse by the larger Swiss financial institution is the "only option" to control the collapse of confidence in Credit Suisse.

Switzerland is applying "response measures" to speed up Credit Suisse's recovery of Credit Suisse and ensure that mergers and acquisitions are agreed before "new homes open on Monday," the Financial Times reported on March 18, citing three people familiar with the matter.

Such a response would allow the transfer without any corporate shareholder network vote, bypassing the Swiss conceptualization requirement that shareholders must have a "six-week" information period to "start negotiations on mergers and acquisitions", according to the report.

The Swiss central bank and the Swiss Financial Market Regulatory Authority (FINMA) are seeking to "reach a regulatory agreement" by Saturday night and are reported to have made it clear to their international counterparts that "in their view" reaching an agreement with Swiss banks is the "only option" to "prevent Credit Suisse's self-confidence from collapsing".

Some people stressed that UBS was prepared to push Credit Suisse to reduce the volume of its investment banking business, and two of the "verifiers" indicated that "the physical line of business consolidation will not exceed 1/3 of the merged enterprises."

It is reported that Swiss banks have total assets of "$110 million" on their balance sheets, while Credit Suisse has "$575 billion"-the successful combination of these Swiss financial institutions will reportedly create "one of the largest systemically important banks in the world in Europe".

Earlier, BlackRock, an American investment company, tweeted on March 18 that it was "not interested" in recycling Credit Suisse.

Previously, the Swiss Central Bank and FINMA issued a joint declaration on March 15th, affirming that Credit Suisse meets the increased "capital and liquidity requirements" for systemically important banks.

The statement stressed that the Swiss Central Bank would "give liquidity to Credit Suisse" if necessary, recognizing that Credit Suisse had "recently had an impact on market performance".