Universe宇宙
2023-03-21

Under the UBS-Credit Suisse merger deal, holders of Credit Suisse AT1 bonds will get nothing, while shareholders, who usually rank below bondholders in terms of who gets paid when a bank or company collapses, will receive $3.23 billion. [Surprised] [Thinking] 

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Agxm
    2023-03-21
    Agxm
    Who are they sueing? Ubs, government or ex credit suisse?
    • Universe宇宙ReplyAgxm
      maybe the management? [Thinking]
    • AgxmReplyUniverse宇宙
      Doesnt really make sense 😂. If the sue ex credit suisse, they already bankcrupt no money pay also even if win, if sue ubs, they are not liable for the debt as part of the deal. So idk who they are sueing.😂😂
    • Universe宇宙
      [Thinking]
  • Universe宇宙
    2023-03-21
    Universe宇宙
    Time to exit Switzerland investment!? [Surprised] [Doubt] [Thinking]
  • PQlee
    2023-03-24
    PQlee
  • Bryan8786
    2023-03-24
    Bryan8786
    👍
  • Joshlc
    2023-03-22
    Joshlc
    👍🏻
Leave a comment
11