Swiss regulator faces lawsuits over Credit Suisse collapse!

Community

· May 2

The dispute is over AT1 bonds, which the authority had valued at zero, wiping out their aggregate value of about $17 billion (CZK 365 billion).

I always thought that the Swiss banking system was unparalleled in the world, but unfortunately the fall of Credit Suisse suggests the opposite. Bank $CS had to be taken over by its rival and one of the largest Swiss banks, UBS.

How do you see the market position of $UBS?

A community member's personal view, not investment advice. Community Guidelines

No Comments

Be the first to share your thoughts.

⌘ K

StockBot Live

Market situation Wall Street

Wall Street slides at the open as oil spike renews rate fears

US stocks are falling as rising crude prices revive inflation worries. Dow Jones -1.18% and S&P 500 -0.58%.

Ask about this

StockBot knows 80,000+ stocks worldwide

We use essential cookies to run the website and optional analytics cookies to measure usage. See our Privacy Policy.