Exclusive: Swiss authorities may impose losses on Credit Suisse bondholders

Published by

By John O’Donnell FRANKFURT (Reuters) – Swiss authorities are examining imposing losses on Credit Suisse bondholders as part of a rescue of the bank, two sources with knowledge of the matter said on Sunday. However, European regulators are apprehensive about such a move for fear that it could hit investor confidence elsewhere in Europe’s financial sector, the sources said, speaking on the condition of anonymity. A final decision, however, had not been taken and the terms could still change, according to the sources. Losses on bondholders could need to be larger if Credit Suisse were wound down…

Read More

Leave a Reply