Financial Services Financial Services

Swiss regulator's secret Credit Suisse writedown order released to bondholder litigants

By Fiona Maxwell
  • 18 May 2023 10:48
  • 18 May 2023 10:51
The Swiss financial regulator's confidential decision to order Credit Suisse to write down additional tier one shares when it was sold to UBS has been released to plaintiff bondholders.
A Swiss federal court ordered the Swiss Financial Market Supervisory Authority, known as Finma, to provide documents to a group of bondholders suing

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Fiona Maxwell

Senior Correspondent


Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for Risk.net, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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