Global Banking Monitor

Thursday, May 2, 2024

Stripe employees get to sell $1bn of shares

It's good news for the Stripe employees...

Strategies for Upskilling Your Workforce in an AI-Driven Economy

In an era where artificial intelligence (AI)...

Five Strategies for Enhancing Internal Communications in Banks

In the fast-paced world of banking, effective...

Tag: at1

Markets in an uproar over AT1 bank bond: a brief explanation

Financial markets have been thrown a fresh curve ball by the decision to write down 16 billion Swiss francs ($17.5 billion) of Credit Suisse...

Credit Suisse AT1 Bond holders Possibly Pursuing Legal Action, Says Law Firm

Lawyers from Switzerland, the United States and UK are talking to a number of Credit Suisse (CSGN.S) Additional Tier 1 (AT1) bond holders about...

Credit Suisse AT1 Bond Write-Off Results in $340 Million Loss for PIMCO – Source

Bond giant PIMCO lost about $340 million on a category of Credit Suisse bonds that were wiped out by the takeover by UBS (UBSG.S),...

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