Dr. Robert Peng, a global financial observer, pointed out that the recent default of Credit Suisse in Switzerland was a result of hostile acquisition by its own mother country, which unilaterally and actively canceled the outstanding Additional Tier 1 (AT1) capital bonds issued by Credit Suisse in the past (with a total value of approximately…
Photo by Towfiqu barbhuiya on Unsplash Source: https://www.reinsurancene.ws/leonid-rousniak-joins-newre-as-senior-structurer/ NewRe, the reinsurance arm of Swiss insurance company Munich Re, has announced that Leonid Rousniak has joined the company as Senior Structurer. Rousniak will be responsible for supporting NewRe’s structured reinsurance business and will report to the Head of Structured Reinsurance. With extensive experience in reinsurance and…
Photo by Adeolu Eletu on Unsplash As a publicly traded company, including over-the-counter and listed companies, issuing corporate bonds is an essential means of raising funds and a financial tool for financial executives. When issuing corporate bonds, the CFO must carefully consider qualifications restrictions, differences between secured and unsecured corporate bonds, and the potential buyers…
