And suddenly the Credit Suisse AT1s disappeared

1970-01-01 00:00:00

SIX, the operator of the Swiss stock exchange, recently instructed banks to erase Credit Suisse AT1 bonds from their holders’ accounts. The latter feared losing their right to challenge the reset of these particular obligations, decided during the rescue of the bank, on March 19. An unfounded fear according to lawyers involved in the case

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