Credit Suisse bondholders prepare challenges as FINMA defends wipeout
Credit Suisse's headquarters in Zurich (Credit: O_P_G on shutterstock)
Switzerland’s financial regulator has defended its controversial decision to write down Credit Suisse’s AT1 bondholders ahead of the bank’s shareholders, as the bondholders consider options including mis-selling claims against the bank, or an investment treaty arbitration against the state.
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