Credit Suisse investors sue Swiss regulator over bond wipeout

Complaint accuses Finma of failing to behave ‘proportionately’ and ‘in good faith’.

21 April, 2023 by Sam Jones in Zurich

Investors representing $4.5bn of wiped-out Credit Suisse bonds have filed a lawsuit against Switzerland’s banking regulator, in a dispute which challenges the country’s reputation as the world’s most politically stable and reliable financial centre.

The claim is the first to be

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