Simon Adamson News
-
The Co-Operative Bank Plc, the U.K. lender that abandoned a bid to buy branches from Lloyds Banking Group Plc, will swap some debt for equity and trade on the London Stock Exchange to plug a capital hole.
-
Banks may reduce issuance of bonds designed to bolster equity in a crisis because they offer few advantages over traditional capital securities, according to analysts at CreditSights Inc.
-
Irish banks may need as much as 30 billion euros ($40 billion) of new capital before investors will be persuaded to fund them, according to CreditSights Inc.
-
Barclays Plc paid yields almost four times those on its senior bonds to sell $1 billion of contingent capital notes, rewarding investors who can accept being wiped out in a crisis at the U.K.’s second-largest lender.
-
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.
-
SNS Reaal NV’s subordinated bonds rallied, stemming a decline of as much as 29 percent since Jan. 10, amid speculation the Dutch bank and insurer will be able to sell a stake and avoid taking a bailout.
-
Barclays Plc plans to sell bonds that turn the traditional order of stakeholders upside down as the second-largest U.K. bank seeks to bolster its ability to absorb losses in a crisis.
-
Barclays Plc, Britain’s second- biggest bank by assets, says the interest rate it pays for short-term dollar loans is the lowest ever relative to rivals even as other measures of its credit deteriorate.
-
Global banks, forced by regulators to reduce their dependence on profits from high-risk trading, have rediscovered the appeal of the mundane business of managing money for clients.
-
Regulators have a new ally in their campaign to prevent banks from disguising their capital needs by massaging down asset holdings: bondholders.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page