Page 30 - Additional Tier News Today

The investors are contesting an order by FINMA that wiped out about US$17.3-billion in higher-risk Credit Suisse bonds as part of an emergency rescue last month

A group of Credit Suisse investors have sued Swiss financial regulators after a government-engineered takeover of the struggling bank by rival UBS left them with billions in losses

Investors representing more than 4.5 billion Swiss francs ($5 billion) of Credit Suisse bonds have sued the Swiss regulator after their investments were wiped out during last months

A group of Credit Suisse investors have sued Swiss financial regulators after a government-engineered takeover of the struggling bank by rival UBS left them with billions in losses.

TOKYO -- Japan's Sumitomo Mitsui Financial Group is set to issue Additional Tier 1 (AT1) bonds worth 140 billion yen ($1 billion), Nikkei has learned,

In a stock exchange filing, the State Bank of India said the fund-raising would be done in single or multiple tranches

Sumitomo Mitsui Financial Group Inc. sold 140 billion yen ($1 billion) of AT1 debt, becoming the first major global bank to issue such notes since the finance-sector crisis erupted last month. It’s another sign that the turmoil first triggered by the failure of Silicon Valley Bank is easing.

Expect heightened volatility and stress to hit the markets. Caution may be the need of the hour, alerts Akash Prakash.

Japanese lender’s $1 billion sale of AT1 bonds is first major deal in over a month

The riskiest type of bank bonds appear to be back on the menu for investors, after a Japanese megabank reopened a segment of the bond market that was called…