The Swiss authorities enforced a legitimate going concern conversion
At a time when Credit Suisse has been saved with a state-sponsored takeover by its competitor UBS, it is fitting to recall how UBS itself was bailed out 15 years ago by the Swiss authorities with a massive $60 billion package. After this rescue led to a furious popular response, the Swiss…
#ubs #baseliii #cet1 #creditsuissecocos #coco #kashyapetal2008 #flannery #deutschebank #glasserman #creditsuisses