[ad_1] HONG KONG — The acquisition of Credit Suisse by compatriot UBS has dealt a fresh blow to Asian banks and investors already reeling from the collapse of Silicon Valley…
Tag: AT1
We didn’t expect the leopards to eat OUR faces, say AT1 bondholders
[ad_1] “They’ve changed the law and they have basically stolen $16bn of bonds,” Davide Serra, founder and CEO of Algebris Investments, told investors on a call this morning. “This has…