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