2023年3月31日 · The decision to write down the AT1 bonds but pay some money to shareholders angered some investors, who said debt should always rank higher than equity when it comes to taking losses. Several questioned whether the move would have wider implications, with The Economist saying it could “ even spell the end for the asset class ” as wary ...

The Swiss government brokered an emergency takeover of Credit Suisse, while AT1 bonds had a role to play. So what are AT1 bonds and the Credit Suisse crisis?