Holders of Credit Suisse AT1 bonds have forced the Swiss regulator to hand over the decree that ordered the wipe-out of $17bn of the bank’s riskiest bonds.
Hundreds of lawsuits have been filed over the terms of the emergency deal to save Credit Suisse by selling it to Swiss banking rival UBS, a Swiss court has said.. | May 4, 2023
Hundreds of lawsuits have been filed
over the terms of an emergency deal to save Swiss lender Credit
Suisse by selling it to its bigger rival UBS,
a Swiss court has said. The 3 billion. | May 2, 2023