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May 1, 2023
Credit Suisse Additional Tier 1 (AT1) Default

Japanese investors purchased approximately 140 billion yen ($1 billion) of Credit Suisse Group AG’s bonds which were written off last month when the Swiss bank was suddenly sold, according to a recent article in Bloomberg.  The Credit Suisse Additional Tier 1 (AT1) bond holders in Japan are suffering devastating losses. The AT1 bonds lost all […]

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