AT1 case: Credit Suisse relationship managers lied to clients, too
A tower of lies at all levels harmed the investors, but the Public Prosecutor's Office of Canton Zurich says there was no fraud By Dario Item This is the story of an investor who, like many others, was deceived by the Credit Suisse AT1 affair. Julian (fictitious name,...
Credit Suisse AT1: FINMA asks court not to show files to plaintiffs
According to the Swiss Financial Market Supervisory Authority, there is a high risk that the documents will get into the hands of the media and be used to file lawsuits in countries (USA and UK?) where there is a questionable rule of law By Dario Item Credit...
CSG AT1s CASE: Class Action In The U.S. Against Credit Suisse, Its Officers And PricewaterhouseCoopers
By Dario Item Core Capital Partners Ltd, a Nassau, Bahamas-based asset management firm, filed a class action lawsuit on Oct. 20 against Credit Suisse, its former officers Axel P. Lehmann and Sir Antonio Horta-Osorio (former chairmen of the board of directors), Ulrich...
CREDIT SUISSE AT1 BONDS: The Missed Opportunity
Why Credit Suisse's inaction against FINMA's order of March 19, 2023 harmed investors A recent article in the Financial Times, titled How UBS’s $3.3bn Credit Suisse deal spawned $9bn of legal claims, shares that Pallas law firm is taking legal action against...