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 U.S. Economic Future in Peril: Warning from Top Economics Professor Sparks Concerns 11 hours ago • 2 min read Economics Unveiling the Revised Economic Outlook: What Lies Ahead? 2 days ago • 2 min read Economics Renowned Scholars Share Vision for a Fair Economy in Austin 2 days ago • 2 min read
Economics U.S. Economic Future in Peril: Warning from Top Economics Professor Sparks Concerns 11 hours ago • 2 min read
