TOKYO -- Lawyers in Japan are exploring the possibility of pursuing legal action against brokers who sold retail investors Credit Suisse bonds that ended up being wiped out when the Swiss bank was taken over by its larger rival UBS.
Finance
Credit Suisse bond losses prompt Japan lawyers to look into brokers
Swiss government's use of obscure clause shocks retail investors
The Credit Suisse deal upset the conventional wisdom among investors that a company's equity would lose value before its bonds did. (Source photos by AP and Reuters)
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