One section of Credit Suisse’s bondholders is set to be wiped out following the struggling bank’s takeover by UBS, causing them to see investments worth 16 billion Swiss francs ($17 billion)…
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EconomyEuropeFeaturedfinancialInvestmentNews
European Markets Recover on a Wild Day for Bank Stocks
by Michael Loweby Michael LoweEuropean markets ticked up Monday but bank stocks were mixed and volatile as investors assessed the significance of the near-collapse of Credit Suisse, one of the world’s most important financial…
