AllianceBernstein set to sue Switzerland over $17bn Credit Suisse debt wipeout- reports

Seeking $225m in damages

Linus Uhlig
clock • 1 min read

AllianceBernstein, a US-based asset manager, is set to sue Switzerland for $225m over the decision to wipe out $17bn of debt after the Swiss government greenlit the UBS takeover of Credit Suisse last year.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Companies

Quilter unveils targeted support plans as platform AUM hits £104bn

Quilter unveils targeted support plans as platform AUM hits £104bn

Platform flows surge to £8.7bn

Isabel Baxter
clock 04 March 2026 • 2 min read
Aberdeen profits and AUMA rise in 2025 with help from ii's 'strong growth'

Aberdeen profits and AUMA rise in 2025 with help from ii's 'strong growth'

ii reaches 500,000 customers

Patrick Brusnahan
clock 03 March 2026 • 1 min read
Deep Dive: Asset managers shift ownership structure to meet rising demands

Deep Dive: Asset managers shift ownership structure to meet rising demands

Janus Henderson and Schroders deals

Cristian Angeloni
clock 27 February 2026 • 3 min read
Trustpilot