[ad_1] Several Japanese investors sued the brokerage arms of SBI Holdings Inc., Rakuten Group Inc. and Monex Group Inc., adding to the fallout in the world’s third biggest economy over…
Tag: AT1
Explainer: What are AT1 bonds and why are Credit Suisse’s wiped out?
[ad_1] LONDON, March 24 (Reuters) – Financial markets have been thrown a fresh curve ball by the decision to write down 16 billion Swiss francs ($17.5 billion) of Credit Suisse…
UBS Storms AT1 Market With First Sale Since Credit Suisse’s Fall
[ad_1] UBS Group AG’s hotly-anticipated sale of additional tier 1 bonds, its first since Credit Suisse roiled the market with a historic writedown, pulled in roughly 10 times the bids…
Analysis: Reform of the AT1 bond market
[ad_1] The AT1 bond market may be in need a reform to regain investors’ confidence, after rules were upended by the state-backed takeover of Credit Suisse by UBS earlier this…
Credit Suisse bondholders force Swiss regulator to release AT1 wipeout decree
[ad_1] Receive free Credit Suisse Group AG updates We’ll send you a myFT Daily Digest email rounding up the latest Credit Suisse Group AG news every morning. Credit Suisse’s bondholders…
Hong Kong investors plan AT1 action against Switzerland
[ad_1] HONG KONG — Investors in Hong Kong are preparing to file a request for arbitration against the Swiss government for writing off the AT1 bonds issued by Credit Suisse,…
Credit Suisse, Yes Bank legacy: Tense future for AT1 bonds
[ad_1] After the fall of Credit Suisse, a Global Systemically Important Bank (GSIB), the fate of yet another instrument put in place after the 2007-08 crisis to prevent bank runs…
Credit Suisse AT1 bond ‘rip-off’ could cost Swiss taxpayer
[ad_1] Investors argue that normal market rules were reversed when Credit Suisse bonds were struck off. © Keystone / Michael Buholzer The Swiss financial regulator is being dragged before the…
Credit Suisse AT1 bondholders sue Swiss regulator in new lawsuit
[ad_1] Investors holding about $1.7bn of Credit Suisse bonds that were written down after the bank’s shotgun marriage to UBS have emerged as another group suing Switzerland’s banking regulator, ratcheting…