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Commonwealth Bank of Australia on Tuesday launched a new AT1 hybrid security issue aiming to raise A$750 million , the first from a major Australian bank since similar securities were written to zero... | May 16, 2023
The US law firm Quinn Emanuel Urquhart & Sullivan has filed two lawsuits against the write-off of the value of Credit Suisse's AT1 bonds in Switzerland. One of the partners now sets out his arguments in an interview.
More plaintiffs joined a group appeal against Swiss regulator FINMA over a 16 billion Swiss franc writedown of Credit Suisse AT1 bonds, the law firm representing the group said on Thursday. ... | May 4, 2023
Finews.com is Switzerland’s leading news site for all professionals in the financial sector and delivers real-time and constantly-updated news about the Swiss financial industry.
A group of Swiss and international investors representing over $5bn of Credit Suisse AT1 bonds have sued the Swiss regulator for the $17bn wipeout.