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] 

Credit Suisse AT1 Bondholders Consider Possible Legal Action -Law Firm

Lawyers from Switzerland, the United States and UK are talking to a number of Credit Suisse Addition
Credit Suisse AT1 Bondholders Consider Possible Legal Action -Law Firm

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  • Agxm
    ·2023-03-21
    Who are they sueing? Ubs, government or ex credit suisse?
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    • Universe宇宙Replying toAgxm
      maybe the management? [Thinking]
      2023-03-21
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    • AgxmReplying toUniverse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.😂😂
      2023-03-21
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    • Universe宇宙
      [Thinking]
      2023-03-21
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  • Universe宇宙
    ·2023-03-21
    Time to exit Switzerland investment!? [Surprised] [Doubt] [Thinking]
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  • PQlee
    ·2023-03-24
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  • Bryan8786
    ·2023-03-24
    👍
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  • Joshlc
    ·2023-03-22
    👍🏻
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