Financial Times - Swiss investors push for UBS to settle over Credit Suisse bond write-off
Lee Robinson recently spoke to Mercedes Ruehl, the Fiunacial Times’ Switzerland and Austria correspondent reflecting on the Swiss Court’s ruling on the write-off of Credit Suisse AT1 bonds and its implications for investors.
As Lee told Mercedes Altana’s view remains that a settlement between UBS and Finma is the most likely option, with both sides incentivised to settle before the Supreme Court's final decision.
“Our belief is both sides are incentivised to settle before that final decision [by the Supreme Court],” said Lee Robinson, founder and chief investment officer of Altana Wealth, adding there was a “high chance” Finma would push the cost to UBS.
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