The Resilience of Additional Tier 1 Contingent Capital Market in 2023 and outlook for 2024
Productos financieros
Escrito por WisdomTree el 14.02.2024
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2023 proved to be an eventful year for the Additional Tier 1 (AT1) Contingent Convertibles (CoCo) market, with one of the most significant occurrences being the full write-down of Credit Suisse’s AT1s. The forced takeover of Credit Suisse by UBS sent shockwaves through the banking sector and had a profound impact on the AT1 CoCo market.
