Bank turmoil and energy markets
Plugged In: the energy news podcast
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The Impact of the UBS Credit Suisse Rescue on the Energy Sector
The structure of the deal itself was controversial in several ways. The treatment around so-called 81 or additional tier one debt has led to contagion among European banks. EU policymakers are still frustrated that confidence in 81s, which were developed after the global financial crisis, have been undermined by Swiss officials.
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