Barclays Plc is issuing about $3.9 billion of new contingent capital securities to replace junior notes as the U.K.’s second-largest lender adjusts its capital structure to meet regulatory requirements.
The Dutch government is holding up more than $12 billion in potential subordinated-bond sales by the country’s largest lenders. That might make them late for the party in Europe’s fastest-growing market for bank debt.
Credit Suisse Group AG Chief Executive Officer Brady Dougan sought to put the bank’s legal woes behind it with the U.S. tax-probe settlement. He hasn’t assuaged investor concern about the bank’s capital and strategy.
Banco Santander SA and Danske Bank A/S are marketing additional Tier 1 bonds in the busiest week for issuance of the subordinated bank debt since Banco Bilbao Vizcaya Argentaria SA opened the market in April.
Five years after giving Royal Bank of Scotland Group Plc a record banking bailout, the British government is making it harder to recoup its money by sowing confusion over the firm’s structure and future profitability.
Deutsche Bank AG’s announcement yesterday that earnings will suffer this quarter added to a cacophony of negative news over the past two weeks that’s increasing pressure on the company’s new leadership.