Spotlight on Banks - March 2023
Given the recent headlines surrounding Credit Suisse and the decision from FINMA, the Swiss regulator, to write down CHF16 billion of Credit Suisse’s Additional Tier 1 debt to zero, we hosted a webinar looking at the possible wider implications of this write-down and what it could means for fixed income investors.
Partner and Portfolio Manager, Eoin Walsh, discusses this in detail and gives an update on our views on the European AT1 and banking sectors.
The short update was followed by a Q&A session.