Wim Schoutens
Wim Schoutens is a Belgian finance professor known for his expertise in banking and financial instruments, particularly Additional Tier 1 (AT1) bonds. He was involved in the development of AT1 instruments following the 2008 financial crisis as part of the Basel III regulatory framework. Schoutens has been vocal about the risks and benefits of these bonds, especially in light of recent controversies surrounding their use in Switzerland, where the write-down of Credit Suisse's AT1 bonds sparked significant debate about their reliability and role in financial stability.
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Switzerland:
Wim Schoutens, a professor, critiques the safety of AT1 bonds compared to core capital.
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