Chitchat 30 Rich Sinkies Conned by High SES AMDK Bank!

[Pinkieslut]

Credit Suisse bond holders in Singapore seek to sue Swiss government over worthless investments​

The recent forced takeover of Credit Suisse triggered a write-down of the Swiss bank’s additional tier 1 or AT1 bonds. ST PHOTO: LIM YAOHUI

Tham Yuen-C
Senior Political Correspondent

PUBLISHED

11 HOURS AGO

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SINGAPORE - About 30 investors in Singapore are seeking to sue the Swiss government over what they say is an unfair wipeout of their bonds during the recent forced takeover of Credit Suisse.
The troubled Swiss bank was acquired by rival UBS in March in a deal brokered by the Swiss government that triggered a write-down of the bank’s additional tier 1 or AT1 bonds.

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[Hypocrite-The]

Stick W POSB....saferer

 

[batman1]

What about the SWISS standard of living ???

 

[laksaboy]

Why won't they adopt the Davos mentality?

 

[millim6868]

Let it be ,think papaigs are one of them

 

[syed putra]

I thought swiss parliament rejected the bsilout and takeover by ubs.

 

[Laguna123]

Mean those bonds become zero value?

 

[Patriotmissile]

No pain lah. Any way these are their ill gotten money.

 

[ChinaCommunistSG]

That is why government wants u to deposit your money in CPF and the most famous CPF promoter is Lim Swee Say