Credit Suisse's $17bn debt to be written off at regulator's request Economy • Mar 20, 2023 The Swiss regulator FINMA said that this step should strengthen the bank's capital. However, the bank's bondholders will apparently end up with nothing. At that, the shareholders will still receive $3.23bn of compensation after the merger with UBS. Tags Economy Walter Grand Recommended for you Economics Offshore Yuan Remains Resilient Despite Economic Pressures a month ago • 1 min read Economics Delaware Economist Unveils How Stock Market Panic Amid Recession Fears Impacts Your Wallet 2 months ago • 2 min read Cryptocurrencies Tariffs, War, Oil, and Crypto: Which Market Will Collapse First? 2 months ago • 2 min read
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