Swiss authorities mull imposing losses on Credit Suisse bondholders: Sources

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FRANKFURT/LONDON: Swiss authorities are examining imposing losses on Credit Suisse bondholders as part of a rescue of the bank, two sources with knowledge of the matter said on Sunday (Mar 20). However, European regulators are apprehensive about such a move for fear that it could hit investor confidence el

FRANKFURT/LONDON: Swiss authorities are examining imposing losses on Credit Suisse bondholders as part of a rescue of the bank, two sources with knowledge of the matter said on Sunday .

A final decision, however, had not been taken and the terms could still change, according to the sources. FINMA, the Swiss regulator, did not immediately respond to a request for comment. Credit Suisse and UBS declined to comment.

 

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