Bloomberg Business

Pimco Weighs Joining Investors Suing Over Credit Suisse AT1s

Pacific Investment Management Co. is considering joining hundreds of investors in challenging the Swiss regulator’s decision to wipe out about $17 billion of Credit Suisse Group AG bonds following the bank’s takeover by UBS Group AG.

Nasdaq Fought Off Fierce Rivals to Win IPO of SoftBank’s Arm

Nasdaq Inc. may be the coveted destination for tech companies looking to go public. But the exchange had to pull out all the stops to lure chip designer Arm Ltd., likely to be the largest initial public offering of the year.

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