Credit Suisse investors sue after facing billions in losses
Bond writedown allegedly "undermines international confidence” in Swiss financial center: Plaintiffs
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Bond writedown allegedly "undermines international confidence” in Swiss financial center: Plaintiffs
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
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.