Switzerland’s Federal Administrative Court said that it revoked a 2023 decree by the country’s financial regulator in which Credit Suisse was ordered to write off so-called Additional Tier 1 bonds.

Writing off 16.5 billion Swiss francs ($20.53 billion) in Credit Suisse bonds was unlawful, a Swiss court ruled on Tuesday, ...

A Swiss court has ripped open a case many thought was buried. The Federal Administrative Court just overturned the 2023 order ...

Additional Tier 1 bonds have chalked up their biggest bull run ever, with a relentless rally in the risky bank debt showing ...

MADRID, June 13 (Reuters) - Spain's BBVA BBVA.MCand Bank of Cyprus reopened the market with the issuance of the first euro-denominated contingent convertible bonds (CoCo) since the rescue of Credit ...

Investors in a riskier type of Credit Suisse's bonds had their holdings slashed to zero Sunday after Swiss authorities brokered an emergency takeover of the bank by rival UBS. On Sunday, the Swiss ...

MADRID/LONDON, June 13 (Reuters) - In a first since the rescue of Credit Suisse, Spain's BBVA and Bank of Cyprus tested demand for euro-denominated contingent convertible (CoCo) bonds on Tuesday. A ...

MADRID, June 13 (Reuters) - Spain's BBVA BBVA.MC said on Tuesday it reopened the market with the issuance of the first contingent convertible bond (Coco) since the rescue of Credit Suisse in March ...