Hybrids are marketed as unique securities combining elements of stocks and bonds. But they are under fresh scrutiny amid a series of global banking crises.
SINGAPORE/HONG KONG The rudest shock in the rushed deal to save embattled Swiss lender Credit Suisse Group AG was reserved for the holders of the bank’s…
The rudest shock in the rushed deal to save embattled Swiss lender Credit Suisse Group AG was reserved for the holders of the bank s riskiest tranche of bonds.
By Tom Westbrook and Xie Yu SINGAPORE/HONG KONG (Reuters) - The rudest shock in the rushed deal to save embattled Swiss lender Credit Suisse Group AG .