Drew & Napier to sue Switzerland over Asia losses on Credit Suisse AT1s

www.straitstimes.com

Drew & Napier to sue Switzerland over Asia losses on Credit Suisse AT1s

www.straitstimes.com

schizoidman@lemmy.zip to

Europe@feddit.orgEnglish · 12 days ago

Drew & Napier to sue Switzerland over AT1 losses

www.straitstimes.com

Singapore law firm Drew & Napier plans to sue the Swiss government for compensation on behalf of Asian bondholders who lost Credit Suisse AT1 investments. Read more at straitstimes.com. Read more at straitstimes.com.

One of Singapore’s biggest law firms is set to file claims against the Swiss government by the end of 2025, seeking compensation for hundreds of Asian bond holders of Credit Suisse additional tier 1 (AT1) debt that was wiped out in 2023.

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