BRIEF-Fitch Ratings Credit Suisse AT1 Wipeout Not A Template For EU, UK Insurers' RT1
Fitch : * FITCH RATINGS: CREDIT SUISSE AT1 WIPEOUT NOT A TEMPLATE FOR EU, UK INSURERS' RT1
* FITCH - SWISS AUTHORITIES' DECISION TO FULLY WRITE DOWN CS' AT1 NOTES DOESN'T IMPLY EU, UK AUTHORITIES WILL TREAT INSURERS' RT1 INSTRUMENTS SAME WAY * FITCH SAYS FITCH-RATED EU AND UK INSURERS HAVE MINIMAL EXPOSURE TO CREDIT SUISSE'S AT1 NOTES RELATIVE TO THEIR CAPITAL AND EARNINGS Source text for Eikon: Further company coverage:
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
Advertisement