Investors gear up for litigation over Credit Suisse write-down
Avenues could include challenging the Swiss government, suing FINMA, or suing Credit Suisse – with AT1s recovering slightly as the market prices in the hope of legal redress.
Tag: Capital Adequacy
UK regulator asks prop traders to assess capital levels
The UK’s Financial Conduct Authority (FCA) has written to proprietary trading firms to assess their capital adequacy.