A year ago, deeply subordinated debt markets and the nascent bank AT1 asset class were looking forward to an exciting year ahead. Twelve months later, a sense of foreboding is more appropriate. ...
New Year sales?
Editorial
Publish and be damned. Quite. With comic timing, our last issue of Bank+Insurance Hybrid Capital went to press with an iteration of an oft-used post-crisis rhetorical question: “Correction? What correction?” ...
Issue and be damned
Editorial
Correction? What correction? The Ides of March seem a long time ago now, with the underperformance of deals for the likes of KBC and Santander now looking likely to go down as a footnote in the history of the AT1 market ...
How low can you go?
Editorial
Nobody said it was easy, as Coldplay’s Chris Martin sang. And he should know.
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Nobody said it was easy
Editorial
Welcome to the first edition of Bank & Insurance Hybrid Capital, a new publication dedicated to the asset class that we are delighted to be bringing you in association with our partners at Crédit Agricole ...
CoCos ride wave of liquidity
Editorial