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The writing down to zero of Credit Suisse’s riskiest bonds worth US$17 billion is expected to adversely impact the AT1 bond segment, but Asia-Pacific banks are better protected by more supportive local authorities, analysts say.
Date Time ASIC obtains restraint orders against Kewa Ruwhiu, Mathew Ruwhiu and Debts Knockout On 27 April 2021, the Federal Court made orders by consent restraining Kewa Ruwhiu, Mathew Ruwhiu and Debts Knockout from carrying on, promoting or providing referrals to any business associated with Mr David Murphy or Mr Anastasios Mavroulis where that business is involved in specified activities outlined in the orders, and otherwise dismissed the proceedings against them. These orders relate to any business using the name “Debts Knockout”, “Debt Wipeout” or any other name that involves: ind...