Swiss National Bank Vice President Jean-Pierre Danthine said regulators should stick to their current plans on stricter rules to make the banking system safer.
Destruction from Super Typhoon Haiyan, the most powerful storm on record to strike the Philippines, shows the task facing President Benigno Aquino to curb the death toll in a country prone to natural disasters.
At least eight people were killed and more than 100,000 fled their homes amid heavy rains for a third day that swamped as much as 60 percent of the Philippine capital and nearby provinces.
Credit Suisse Group AG, the second- biggest Swiss bank, said it had a loss in the fourth quarter for the first time since 2008, hurt by “adverse” markets and costs to reorganize the investment bank.
Actelion Ltd. , Switzerland’s largest biotechnology company, said its clazosentan medicine didn’t meet the main goal of a study in patients who had suffered from bleeding in the brain.
The Philippine government imposed further rationing of fuel in areas affected by Typhoon Haiyan, with aid bottlenecks remaining even as supplies started to reach more remote areas.