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The wipeout of 16 billion Swiss francs for the owners of Credit Suisse's AT1 bonds is likely to result in a legal dispute. An international law firm has assembled a large group of clients willing to take legal action.
Anger is growing at the terms of the rescue of Credit Suisse with other regulators criticising the US$17bn wipeout of AT1 bondholders in favour of...
/PRNewswire/ -- Bank Leumi (TASE: LUMI) and the European Investment Bank (EIB) announced today that they have signed a strategic cooperation agreement. Under...