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Thread: Swiss regulator defends controversial $17 billion writedown of Credit Suisse bonds

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03-23-2023, 05:02 AM #1
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Swiss regulator defends controversial $17 billion writedown of Credit Suisse bonds

Swiss regulator defends controversial $17 billion writedown of Credit Suisse bonds

Swiss regulator FINMA on Thursday defended its decision to instruct Credit Suisse to write down its AT1 bonds — a controversial part of the lender's emergency sale to UBS.

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Thread: Swiss regulator defends controversial $17 billion writedown of Credit Suisse bonds

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