Deutsche Bank: Exposure to Credit Suisse AT1 bonds 'near zero'
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BERLIN, March 20 (Reuters) - Deutsche Bank said on Monday its exposure to Credit Suisse's Additional Tier 1 bonds was "near zero".
Credit Suisse said on Sunday that 16 billion Swiss francs($17.24 billion) of its Additional Tier 1 debt will be written down to zero on the orders of the Swiss regulator as part of its rescue merger with UBS.
(Reporting by Marta Orosz, writing by Kirsti Knolle Editing by Paul Carrel)
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