Big investor in Credit Suisse bonds says 'bail-in' system worked

Big investor in Credit Suisse bonds says 'bail-in' system worked

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One of the largest investors of the Credit Suisse bonds that were wiped out in the UBS takeover of the troubled Swiss bank still believes in the value of the debt class and the "bail-in" system designed to save banks seen as too big to fail. Spectrum Asset Management Inc on Monday said it…

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