Sentiment: Negative
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US Investors In Credit Suisse Bonds Preparing For Legal Action
By Anvesh Reddy at 2024-12-25 20:16
Sentiment: Negative
The write down of $17 billion of Credit Suisse bonds will likely attract legal action as distressed investors are all set to sue the Swiss government. The wipeout occurred with the emergency merger deal involving UBS Group and Credit Suisse. As part of the deal, additional tier 1 bonds (AT1 bonds) worth $17 billion were The post US Investors In Credit Suisse Bonds Preparing For Legal Action appeared first on CoinGape. Continue reading...
Categories: 24/7 Cryptocurrency News
Tags: #24/7 Cryptocurrency News #Bitcoin News #Regulation News #Bitcoin #Credit Suisse #Crypto Market #United States
Source CoinGape