Banks break taboo for high-risk bonds
Banks typically sold these perpetual bonds - known as AT1 bonds - with five years before an option to repay was triggered
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Banks typically sold these perpetual bonds - known as AT1 bonds - with five years before an option to repay was triggered
Investors who earned easy money with high-risk bonds invented after the financial crisis are being forced to accept that the rules have changed: they may not get paid.... | June 2, 2023
Investors who earned easy money with high-risk bonds invented after the financial crisis are being forced to accept that the rules have changed: they may not get paid.
Credit Suisse has already paid back some of the emergency liquidity offered by the Swiss National Bank , data suggested on Tuesday, signaling an ebbing of the liquidity crisis which triggered the... | April 11, 2023
Sight deposits held by the Swiss National Bank declined last week, data showed on Monday, suggesting that Credit Suisse and UBS may have cut back on use of emergency funds offered them to... | April 3, 2023