Today news
About the same in other media
Credit Suisse AT1 bondholders sue Switzerland over $17bn wipeout
Reading now: 363
A case against the Swiss Confederation was filed in the US District Court for the Southern District of New York on Thursday (6 June) by litigation firm Quinn Emanuel Urquhart & Sullivan. The case stems from Switzerland's decision on 19 March 2023 to order a write down Credit Suisse's AT1 bonds. This directive, which reduced the bonds' value to zero, is being challenged as an unlawful infringement on the property rights of the AT1 bondholders. Holders of $1.7bn Credit Suisse AT1 bonds sue Swiss regulator According to the law firm, Switzerland abandoned its regulatory role and acted ...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Medicamen Organics IPO: Issue subscribed over 40 times on day 1; check subscription status, GMP and other details livemint.com /6 months ago
Bitcoin slips below $65,000 amid stronger US Dollar; BNB, Shiba Inu drop over 3% economictimes.indiatimes.com /6 months ago
UBS to pay back Credit Suisse investors hit by Greensill collapse investmentweek.co.uk /6 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
