Stan Chart lands first euro capital trade in six years

Tyler Davies

June 04, 2020 11:00 am

Standard_Chartered_PA_575x375_040620 — A general view of the Standard Chartered building in the City of London, as more than £6 billion was wiped from the value of Standard Chartered after the banking giant was accused of hiding 250 billion US dollars (£160 billion) of transactions with the Iranian government. | Yui Mok/PA

Standard Chartered sold its first capital instrument in euros since 2014 this week, clocking up a considerable 40bp saving versus the dollar market. The deal adds to a recent flurry of tier two supply from European banks.

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Bank Capital Deutsche Bank JP Morgan BNP Paribas UK Europe Regulatory Capital EMEA FIG ING

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Tyler Davies