Credit Suisse AT1: Bank challenges disclosure of documents related to FINMA order March 22, 2023
Financially troubled Credit Suisse is objecting to the disclosure to plaintiffs’ documents related to the decision issued by FINMA on March 22, 2023, through which the Swiss financial regulator had ordered the bank to write down even Contingent Capital Awards (CCAs)....
Credit Suisse AT1 Bonds write-down: Swiss Court orders FINMA to disclose documents to plaintiffs
Last week, the Swiss Federal Administrative Court ordered FINMA to serve all documents related to the procedure that led to the write-down of Credit Suisse’s AT1 bonds. As is well known, on March 19, 2023, in a truly surprising and unexpected decision that...
The Housing Market in the United States
The housing market in the US is showing signs of slowing down after a period of all-time low mortgage rates and soaring home prices. According to Mr. Ildebrando Item, Business lawyer active in the real estate market, in February 2023, there was a slight decline in...
Dogecoin sees 30% rise in value after Musk replaces Twitter logo with shiba inu image
Meme cryptocurrency Dogecoin experienced a surge of over 30% on Monday after the CEO of Twitter Elon Musk replaced the platform’s blue bird logo with a picture of a Shiba Inu, which is also the symbol of the digital currency. Musk confirmed the change via a...
