Credit Suisse Bonds Wipeout: Regulator Defends Move. Other Holders Beware
Published
The bank's $17 billion in Additional Tier 1 bonds were written down to zero in the takeover by compatriot UBS.
#ubs
Published
The bank's $17 billion in Additional Tier 1 bonds were written down to zero in the takeover by compatriot UBS.
#ubs
Writedown after takeover by UBS enraged holders of risky bonds
#ubs