
Legal action seeks compensation for Asian investors hit by Credit Suisse write-downs.
A Singapore-based law firm is preparing to file a lawsuit against Switzerland on behalf of Asian investors who suffered losses from the write-down of Credit Suisse’s AT1 bonds.
The legal action claims the Swiss government’s handling of the bank’s collapse unfairly harmed investors in Asia.
Financial analysts say the case could set a precedent for international accountability in cross-border financial regulation.
The legal action claims the Swiss government’s handling of the bank’s collapse unfairly harmed investors in Asia.
Financial analysts say the case could set a precedent for international accountability in cross-border financial regulation.