EBA’s role on legacy instruments called into question

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EBA’s role on legacy instruments called into question

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Sven Giegold, co-founder of Attac, speaks during the party conference of the Green party at Westfalenhalle in Dortmund, Germany | Bernd Thissen/DPA/PA Images

In the wake of hedge fund Caius Capital’s claim that UniCredit’s shares are ineligible for the regulatory treatment they receive, focus has turned to what role the different European authorities play in reviewing legacy capital.

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