Swiss authorities mull imposing losses on Credit Suisse bondholders: Sources

16 hours ago

Swiss authorities mull imposing losses on Credit Suisse bondholders: Sources

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 elsewhere in Europe's financial sector, the sources said, speaking on the condition of anonymity.

A final decision, however, had not been taken and the terms could still change, according to the sources.

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