Analysis

Analysis

Upworthy

Published

The deal to save Credit Suisse Group AG through a hastily arranged marriage with UBS Group AG staved off a full scale banking collapse, but left one set of investors poorer, and angry. Holders of $17 billion worth of junior debt known as Additional Tier 1 bonds, or AT1s, saw their holdings wiped…

#creditsuissegroupag #ubsgroupag #at1s #ubs #strickenbanks #finma #switzerland #creditsuisses #creditsuissesat1 #elliottzstein

Full Article