Credit Suisse AT1 bond writeoff hands $1 billion loss to Japan investors

[ad_1] Japan investors bought about ¥140 billion ($1 billion) of Credit Suisse Group’s bonds that were written off when the Swiss bank was suddenly sold last month, Finance Minister Shunichi…

Credit Suisse Write-Off Upends European Bank Capital Bonds

[ad_1] Markets Credit Markets Holders of riskier bonds got nothing while shareholders will receive a payout in UBS shares [ad_2] Source link

Credit Suisse’s AT1 bond write-off rattles Asian investors

[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…

Tracking Tax Write-Off Carryovers

[ad_1] John Sculley III, who was the president of PepsiCo, until he became the CEO of Apple Inc. for more than a decade, said “timing is everything.” He was probably…