Swiss AT1 Bond Carnage, Leisure Sector Risk
The Credit Edge by Bloomberg Intelligence
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The Credit Swiss Collapse
The collapse of Credit Swiss is a shock for the banking community, says Tassos Vosos with Bloomberg News in London. For normal people, that's a global, systemically important bank - but it was involved in so many interesting things over the years. The outflows reached $10 billion a day before authorities said they had to do something and write down 17 billion worth of credit default swaps.
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