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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Swiss regulator appeals court decision on Credit Suisse bonds write-off

    Published by Global Banking and Finance Review

    Posted on October 15, 2025

    Featured image for article about Headlines

    ZURICH (Reuters) -Swiss market regulator FINMA said on Wednesday it would appeal a ruling by a Swiss court that revoked a decree by the financial watchdog ordering the write-off of Credit Suisse debt during the bank's collapse in 2023.

    The Federal Administrative Court said on Tuesday that the writing off of 16.5 billion Swiss francs ($20.53 billion) in Credit Suisse Additional Tier 1 (AT1) bonds was unlawful, boosting bondholders' hopes of recouping losses and raising fresh questions about how authorities handled the bank's demise.

    After unravelling, Credit Suisse was acquired by its old rival UBS in an emergency operation engineered by Swiss authorities.

    FINMA's announcement that it would challenge the administrative court's ruling at Switzerland's Supreme Court came as expected by analysts.

    "The write-down was part of an overall package to stabilise Credit Suisse via a merger with UBS, for which extraordinary state support measures were necessary," FINMA said.

    Analysts say that even if appeals against the court ruling fail, investors are not guaranteed to recover the entire sum because the bonds had lost value before Credit Suisse's collapse.

    The 2023 write-off stunned markets by prioritizing shareholder compensation over bondholder claims, upending the normal capital structure hierarchy.

    (Reporting by Ludwig Burger and Dave GrahamEditing by Madeline Chambers)

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