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Hongkongers Join CS AT1 Legal Wave Against Switzerland
Summary by finews.asia
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1 Articles
Hongkongers Join CS AT1 Legal Wave Against Switzerland
Hong Kong investors of Credit Suisse Additional Tier-1 bonds are joining the efforts to take action against Switzerland over what they viewed to be an unlawful write-down. Hong Kong holders of the infamously written down Credit Suisse Additional Tier-1 (AT1) bonds are preparing to take legal action against Switzerland under a treaty that had promised investors in the city fair and equitable treatment. The class action is being represented by law…
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