_credit-suisse-bondholders-sue-swiss-government-seek-full-compensation-over-3617-billion-debt-write-down.jpg "Credit Suisse Bondholders Sue Swiss Government Seek Full Compensation Over $17 Billion Debt Write-Down from econsulting group chicago Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:40
👁 View: 375K times
✓ Published: 08-Jun-2024
👁 View: 375K times
✓ Published: 08-Jun-2024
Description:
A group of Credit Suisse bondholders have filed a lawsuit against the Swiss government seeking full compensation over the decision to write down $17 billion of the bank's Additional Tier 1 debt. The AT1 debt write-down occurred as part of Credit Suisse's emergency sale to UBS last year, which was orchestrated by Swiss authorities. Swiss regulator Finma wiped out the $17 billion in AT1 bonds, writing them down to zero, while common shareholders received payouts. The bondholders argue this decision violated the usual European hierarchy of restitution for bank failures and unjustly violated their property rights.
A group of Credit Suisse bondholders have filed a lawsuit against the Swiss government seeking full compensation over the decision to write down $17 billion of the bank's Additional Tier 1 debt. The AT1 debt write-down occurred as part of Credit Suisse's emergency sale to UBS last year, which was orchestrated by Swiss authorities. Swiss regulator Finma wiped out the $17 billion in AT1 bonds, writing them down to zero, while common shareholders received payouts. The bondholders argue this decision violated the usual European hierarchy of restitution for bank failures and unjustly violated their property rights.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_how-to-manage-econsults.webp "eConsult Health Ltd")
_222-pounds-of-lionfish-in-one-day.webp "CajunSpearit")
_khatron-ke-khiladi-14-rohit-shetty-shalin-asim-riaz-group-photo.webp "Khatron Ke Khiladi 14: Asim Riaz back in the show after engaged in Ugly fight with Shalin Bhanot .Watch Out <br/> <br/>#AsimRiaz #ShalinBhanot #KK14 #AsimIsBack<br/>~PR.128~ED.140~")
Khatron Ke Khiladi 14: Rohit Shetty, Shalin से बहस के बाद Asim Riaz की वापसी?,Group Photo में आए नजर
⏲ 3:5 👁 3.6M
_solving-any-brain-teasers-after-this-video-for-real.webp "MConsultingPrep Official Channel")
_bernstein-amp-holmes-like-how-ryan-poles-relies-on-matt-ryan-for-advice.webp "Bears general manager Ryan Poles and former NFL quarterback Matt Ryan are good friends dating back to their days at Boston College together.")
_see-inside-o39hare-airport39s-newly-expanded-terminal-5.webp "ABC 7 Chicago")
_princeton-careers-with-kaushik-private-equity-director-ex-goldman-sachs-vp-and-founder-elevate.webp "Elevate Career Network")
⏲ 1 hour 22 minutes 10 seconds 👁 425
_scottish-young-musicians-2024.webp "Scottish Young Musicians 2024<br/><br/>Euan Kemp, 17-year-old Saxophonist from East Dunbartonshire has won the Scottish Young Musicians Solo Performer of the Year 2024 the final of which took place at the Royal Conservatoire of Scotland on 26 May 2024. Kemp, an S6 pupil from The Music School of Douglas Academy, has been playing Saxophone since he was 11 years old and performed music by Ryo Noda and André Jolivet.<br/><br/>Second place was shared by pianist Magnus Shanks (aged 16) from Aberdeenshire and accordion player Jake Johnstone (aged 15) from South Lanarkshire, who as accompanied on the piano by his younger sister. There were 31 finalists in all with a range of instruments including saxophone, clarsach, accordion, guitar, pipes, trumpet and more. The day culminated in performances by the winning Scottish Young Musicians Brass Ensemble of the Year, Campbeltown Brass Ensemble and Ensemble of the Year, Belmont Academy Woodwind Ensemble from South Ayrshire. <br/><br/>The Scotland-wide competition is run by The Music Education Partnership Group who work with every school and local authority to support music education and opportunities. The final is the culmination of individual school and local authority competitions, and the competition this year involved local authorities covering 99% of Scotland’s population.<br/><br/>Singer and broadcaster Jamie MacDougall, who hosted the final, commented, \")
_how-to-manage-econsults.jpg)
_222-pounds-of-lionfish-in-one-day.jpg)
_khatron-ke-khiladi-14-rohit-shetty-shalin-asim-riaz-group-photo.jpg)
_solving-any-brain-teasers-after-this-video-for-real.jpg)
_bernstein-amp-holmes-like-how-ryan-poles-relies-on-matt-ryan-for-advice.jpg)
_see-inside-o39hare-airport39s-newly-expanded-terminal-5.jpg)
_princeton-careers-with-kaushik-private-equity-director-ex-goldman-sachs-vp-and-founder-elevate.jpg)
_scottish-young-musicians-2024.jpg)
![[+]](/images/menu.gif){kind=small}