[ad_1] US distressed debt investors and corporate litigators are preparing to fight the Swiss government over its decision to write down $17bn of Credit Suisse bonds as part of the…
Tag: wipeout
Singapore reaffirms creditor hierarchy following Credit Suisse AT1 wipeout
[ad_1] Staff Reporter , Singapore Equity holders will absorb losses before AT1 and Tier 2 bondholders, MAS said. The Monetary Authority of Singapore (MAS) reaffirmed that it will stick to…
Asia investors ‘gobsmacked’ by $17bn Credit Suisse bond wipeout
[ad_1] The wipeout of $17bn of Credit Suisse bonds has sparked panic among rich Asian investors who had loaded up on the risky bank debt. Under the terms of the…
$1.4 trillion wipeout hits crypto industry at Davos — except for a lone flashy orange bitcoin car
[ad_1] Along the Davos Promenade in 2023 there were fewer crypto companies than in previous years after the market crash. Circle, the company behind the stablecoin USDC, was one the…
Consumer Staples Wipeout Continues With Kimberly-Clark
[ad_1] The company continued a soft streak for makers of everyday household goods, putting up weak guidance for 2023 that disappointed investors. [ad_2] Source link