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Credit Suisse bondholders blast ‘insane’ UBS takeover: ‘Against the law’

Credit Suisse bondholders blast ‘insane’ UBS takeover: ‘Against the law’

Credit Suisse bondholders blast ‘insane’ UBS takeover: ‘Against the law’

The holders of additional tier 1 (AT1) bonds were shocked to learn that their investments were wiped out — a move that some say is illegal.

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