Heard on the Street: Investors in a complex type of perpetual bond have moved on too quickly from what happened to Credit Suisse, argues jonsindreu
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https://www.wsj.com/articles/three-months-after-losing-17-billion-on-credit-suisse-the-bond-market-is-carefree-1ecc0277Holders of complex AT1 bonds have already moved on from their ill treatment at the hands of Swiss regulatorsRegional banks have failed in the past, but the fall of Credit Suisse shows it isn’t an isolated issue. As WSJ’s Jon Sindreu explains, there may be something fundamentally wrong with bank regulation. Photo: ShutterstockDow Jones & Company, Inc. All Rights Reserved.
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