Legal
Swiss court registers 150 lawsuits against FINMA over Credit Suisse AT1 wipe-out
The Swiss regulator FINMA has been hit by 150 lawsuits over its decision to wipe out $17bn of Credit Suisse additional tier one (AT1) bonds in March as part of the takeover deal of the bank by rival UBS. A spokesperson for the Swiss Federal Administrative Court told Investment Week…
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Click here to read the full story: Investment Week