‘Predatory’ hedge funds face uphill battle on Co-op Bank
US hedge funds that have bought large chunks of Co-op Bank subordinated debt have underestimated the UK regulator's willingness to impose losses on the troubled bank’s bondholders, analysts told EuroWeek Bank Finance on Monday.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts