A Swiss court has ripped open a case many thought was buried. The Federal Administrative Court just overturned the 2023 order ...
Writing off 16.5 billion Swiss francs ($20.53 billion) in Credit Suisse bonds was unlawful, a Swiss court ruled on Tuesday, ...
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.
A cloud of pessimism hung over some holders of Credit Suisse's additional tier one (AT1) paper last week, even after a Swiss ...
A landmark $17 billion Credit Suisse bond lawsuit is drawing global attention, with Dario Item playing a pivotal role in its unfolding. The unprecedented $17 billion AT1 bond wipeout during Credit ...
Additional Tier 1 bonds have chalked up their biggest bull run ever, with a relentless rally in the risky bank debt showing ...
Claims on Credit Suisse AT1 bonds shot up after a court ruling this week, though a long judicial process is anticipated ...
The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0957 ET – Raiffeisen Bank International plans to redeem its 8.659% additional ...
Swiss bank UBS is marketing two dollar-denominated additional Tier 1 bonds, or AT1 bonds--a five-year AT1 bond and a 9.5-year AT1 bond, LSEG data showed on Thursday. The five-year bond has an initial ...