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Swiss authorities weighing bond losses for Credit Suisse, Reuters says

Swiss authorities are examining imposing losses on Credit Suisse (CS) bondholders as part of a rescue of the bank, John O’Donnell of Reuters reports, citing two sources with knowledge of the matter. European regulators are apprehensive about such a move for fear that it could hit investor confidence elsewhere in Europe’s financial sector, the sources added. Losses on bondholders could need to be larger if Credit Suisse were wound down rather than if it were taken over by UBS (UBS), one of the sources said. Reference Link

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