· @grumpyoldmarxist
67 followers · 1101 posts · Server muenchen.social#CocoBonds der #CreditSuisse: Zäsur am Markt für Bankanleihen https://www.faz.net/aktuell/finanzen/coco-bonds-der-credit-suisse-zaesur-am-markt-fuer-bankanleihen-18765287.html?premium=0xf72f2e8ff2c7ef104c65b351fa1a4c139929a1d0b6b73387cd64301791b94188&GEPC=s3 #fplus
#cocobonds #creditsuisse #fplus
· @grumpyoldmarxist
67 followers · 1087 posts · Server muenchen.social#thread #CocoBonds #AT1Bonds #CreditSuisse #UBS
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RT @VMRConstancio
The battle of Cocos. Swiss authorities made a mistake with consequences and potentially a host of court cases. They wiped out $17 billion of Additional Tier 1 bonds ( or Contingent Convertible Bonds or Cocos).These were invented after the 2008 crisis to shore up banks’ capital 1/
https://twitter.com/VMRConstancio/status/1637802571430592513
#thread #cocobonds #at1bonds #creditsuisse #ubs
· @grumpyoldmarxist
67 followers · 1074 posts · Server muenchen.social
Why $17 Billion in #CreditSuisse #CoCoBonds or #AT1 Got Wiped Out in #UBS Takeover https://www.washingtonpost.com/business/2023/03/19/why-credit-suisse-coco-bonds-are-causing-anxiety-quicktake/945ef2fe-c69c-11ed-9cc5-a58a4f6d84cd_story.html
#creditsuisse #cocobonds #at1 #ubs
lusi · @lusi
47 followers · 1316 posts · Server liker.social