Home Procurement NewsSwiss regulator defends controversial $17 billion writedown of Credit Suisse bonds

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

March 23, 2023•

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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Last modified: March 23, 2023

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