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Morning Brew
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AT1 bondholders fume over losses in UBS-Credit Suisse deal

And love springs eternal for billionaire tycoon Rupert Murdoch, who is set to marry for a fifth time.

Rupert Murdoch.

Dita De Boni Tue, 21 Mar 2023

Mōrena this Tuesday, here's a wrap of the major international business and political news overnight.

Those holding Credit Suisse’s AT1 bonds will lose a combined US$17 billion worth of the instruments as part of the UBS takeover of the struggling bank.  

Swiss regulator FINMA said the additional

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Dita De Boni Tue, 21 Mar 2023
Contact the Writer: dita@nbr.co.nz
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AT1 bondholders fume over losses in UBS-Credit Suisse deal
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