Credit Suisse and Additional Tier 1 Bondholders
Fordham Law News
AUGUST 21, 2023
On March 19 th , 2023, the Union Bank of Switzerland (“UBS”) announced its intention to acquire Credit Suisse Group AG (“Credit Suisse”), a leading global wealth manager. [1] 3] Despite the Swiss National Bank’s offer to lend Credit Suisse $54 billion and buy back up to $3.82 billion in total. [4] 10] This decision to eliminate $17.5
Let's personalize your content