Credit Suisse, Yes Bank legacy: Tense future for AT1 bonds
Writing off AT1 bonds of Credit Suisse in Europe and Yes Bank in India pose a threat to this post-2007-08 global financial instrument meant to soar up capital and absorb financial shocks.
credit suisse crisis
April 2023
March 2023
October 2022
Credit Suisse gets $54 billion lifeline from Swiss National Bank
The troubled Swiss bank is also making a tender offer to buy back up to three billion francs of dollar- and euro-denominated debt.
Will Credit Suisse be the 2022 Lehman Brothers? Citi thinks otherwise
Analysts at Citigroup have recommended Credit Suisse to "a buy for the brave" at current levels, ahead of a restructuring plan to be announced with Q3 results on October 27.
