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Suing the Swiss | Yodel-ay-hee-hoo

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“Happy Nowruz!”


According to the troops on the front line: Almost every risk asset traded higher today except bank capital (AT1s) which recovered from the morning lows. Panicked Asian sellers on the open until the various European authorities sought to reassure investors in bank subo...


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Suing the Swiss | Yodel-ay-hee-hoo

We explain the usual course of events, step-by-step, as Credit Suisse (AT1) bondholders prepare to sue FINMA – the Swiss banks’ regulator