• 09/20/2024

Credit Suisse Investors Challenge Switzerland’s $17 Billion Bond Write-Down

Wall Street Journal

Credit Suisse Group bondholders have launched a legal challenge in Switzerland against regulators’ decision to write down $17 billion in securities as part of UBS Group’s rescue of the troubled bank last month.

https://www.wsj.com/articles/credit-suisse-investors-challenge-switzerlands-17-billion-bond-write-down-7ceb27ea