Wealth and Asset Management
Former chief regulator slams Credit Suisse regulation – reports
Adair Turner, former head of the Financial Services Authority, has condemned Credit Suisse’s $17bn AT1 bond wipe-out and the overall supervision its sale by regulators to UBS last week. The new write-down was one of the first times this post-2008 regulation has been used, and the readjusted of the capital…
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