Credit Suisse, Yes Bank legacy: Tense future for AT1 bonds
Writing off AT1 bonds of Credit Suisse in Europe and Yes Bank in India pose a threat to this post-2007-08 global financial instrument meant to soar up capital and absorb financial shocks.
Writing off AT1 bonds of Credit Suisse in Europe and Yes Bank in India pose a threat to this post-2007-08 global financial instrument meant to soar up capital and absorb financial shocks.