Swiss regulator gives information about Credit Suisse bond write-down

Swiss regulator gives information about Credit Suisse bond write-down

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Switzerland's financial market regulator FINMA on Thursday gave more information to explain the complete write-down of AT1 bonds issued by Credit Suisse (CSGN.S) after the bank's rescue. FINMA has instructed Credit Suisse to completely write down its AT1 instruments and to inform the bondholders…

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