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DTSTAMP:20260414T121933Z
DTSTART:20251104T161500Z
DTEND:20251104T173000Z
SUMMARY:Credit Suisse case study - relative priority treatment of bonds (
 perps) vs equity
DESCRIPTION:The panel will examine the heavily debated treatment of AT1 (
 perpetual) bondholders in the Credit Suisse resolution\, whose claims we
 re fully written down at the point of non-viability while equity holders
  retained residual value. This outcome surprised many international stak
 eholders and triggered sharp reactions from EU regulators\, who reaffirm
 ed the standard creditor hierarchy under the Bank Recovery and Resolutio
 n Directive (BRRD).\n\nThe session will discuss the Swiss approach\, leg
 al and contractual basis for the FINMA decision\, the status of the curr
 ent litigation in New York and Switzerland\, and implications for future
  bank resolutions in distressed across jurisdictions as well as structur
 ing options for AT1 instruments.\n
LOCATION:Room 716 B\, Level 700\, MTCC
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