Today news
About the same in other media
Swiss regulator defends AT1 bond writedown in Credit Suisse-UBS deal
Reading now: 384
Swiss market regulator Finma has issued an explanation for its decision to wipe out $17bn in Credit Suisse AT1 bonds as part of the UBS rescue deal.
Finma said on 23 March the AT1 instruments issued by Credit Suisse “contractually provide that they will be completely written down in a ‘Viability Event’” particularly if extraordinary government support is granted.
AT1...
Read more on fnlondon.comAbout this in other media
UBS’s acquisition of Credit Suisse brings some good and bad for crypto cointelegraph.com /1 year ago
Saudi National Bank chair resigns just days after Credit Suisse comments sparked sell-off cnbc.com /1 year ago
UBS’ investment bank could slump to $2bn loss after Credit Suisse deal, Jefferies’ analysts predict fnlondon.com /1 year 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.
