Some Credit Suisse bondholders wiped out in UBS takeover
Published
UBS’s emergency takeover of Credit Suisse may have been necessary to avert a financial crisis, but at least one group is Yosemite Sam-level angry over how the deal shook out. Investors holding $17 billion worth of Credit Suisse’s additional tier-one bonds were shocked to discover that their $17…
#ubs #yosemitesamlevel #creditsuisses #at1s #nt #switzerland #morningbrew