United Kingdom · Question · Written question
UIN 171396
Banks: Finance
Introduced
22 March 2023
Last action
27 March 2023 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
27 March 2023
Summary
To ask the Chancellor of the Exchequer, what the value of Additional Tier 1 bonds supporting UK banks is; and what assessment he has made of the potential impact of the takeover of Credit Suisse on UK Banks' ability to issue those bonds in the future.
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Timeline
22 March 2023
Written question
To ask the Chancellor of the Exchequer, what the value of Additional Tier 1 bonds supporting UK banks is; and what assessment he has made of the potential impact of the takeover of Credit Suisse on UK Banks' ability to issue those bonds in the future.
Source: Commons
27 March 2023
Answer
As noted by the Chancellor on Monday 20 March, the Government welcomes the steps taken by the Swiss authorities in relation to Credit Suisse to support financial stability. The Bank of England published a statement to reiterate the creditor hierarchy in t...
Source: Written answer
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- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2023-03-22/171396
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1606427
- uk · wq-1606427 · source updated 27 March 2023