Insurers’ assured RT1’s won’t be treated as Credit Suisse’s AT1 notes: Fitch
Reinsurance News - Mar 28, 2023
Analysts at Fitch Ratings have assured EU and UK insurers that Credit Suisse’s Additional Tier 1 (AT1) notes full write down by Swiss authorities – without imposing full losses on the bank’s equity – does not imply that the countries’ authorities will treat their Restricted Tier 1 (RT1)...
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