Credit Suisse investors sue Finma over $17B write-down
Banking news
Source: bankingdive.com
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Bond writedown allegedly "undermines international confidence” in Swiss financial center: Plaintiffs
Move seeks redressal for clients deprived of property rights
(Reuters) - Credit Suisse investors who held a total of more than 4.5 billion Swiss francs ($5 billion) of the bank's Additional Tier 1 (AT1) bonds ...
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