Very good article on CoCos mean (Additional Tier 1 capital).
For Credit Suisse, equity holders lost 60-70%, but CoCo worth $17 billions were written off completely.
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The Most Valuable Commodity Is Information!
Very good article on CoCos mean (Additional Tier 1 capital).
For Credit Suisse, equity holders lost 60-70%, but CoCo worth $17 billions were written off completely.
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