Welcome to The Brink. It’s Lucca De Paoli and Irene Garcia Perez in London and we’re looking at the looming battle over $17 billion of Credit Suisse bonds that were wiped out by Swiss authorities. We also have the latest on SVB Financial Group and Evergrande. Follow this link to subscribe. Send us feedback and tips at igarciaperez@bloomberg.net or Tweet/DM to @irenegperez.
A $17 Billion Imbroglio
It’s shaping up to be one of the biggest spats in European finance since regulators reshaped the post-2008 banking landscape. Now distressed hedge funds are spying a big opportunity while blindsided debt managers ...
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