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Southeast Asia’s Stars Align for Growth

Asia Centric by Bloomberg Intelligence

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Credit Suisse's AT1s: A Risky Debt Product

AT1s are like contingent convertibles right Rina or more like a cross between a stock and a bond. They're hot when times are good but its holders are at the head of the line of sacrificial lambs if you will when the walls start crumbling. Do you think what happened with Credit Suisse's AT1s changed perceptions of the security or did it just expose risk that was already there but investors didn't recognize it?

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