Megabank

“The megabanks get all the headlines,” said Jaret Seiberg, a research analyst for the Stanford Group, a private wealth management and banking firm.

The second reason offered for blanket nonprosecutions for crimes committed at the megabanks involves the possibility that such prosecutions could harm the economy.

While the move has, for now, calmed fears of a repeat of a 2008-style domino effect, the merger has left Switzerland with a new megabank on Paradeplatz square.