In 2007, the stock price of Credit Suisse peaked at CHF 80 a share.
In 2023, the stock price of Credit Suisse crashed to CHF 0.80 a share.
How did it happen?
What caused the bank to have lost 99% of its valuation in 16 years?
What are the implications to the banking sectors all around the world?
These are tough questions.
Here, I have invited Tan Dao Hong, FSMOne Global Fixed Income Manager, onto our platform to dissect this fiasco and share with us the following:
– What really happened to Credit Suisse?
– What are Contingent Convertible Bonds and a Bank’s Tier-1 Capital?
– Bondholders vs Shareholders: What are their differences?
– How to diversify your portfolio with FSMOne Bond Express?