Banks build in capital issuance flexibility
Two UK banks are seeking shareholder approval for resolutions at their annual general meetings that should open the way for new contingent capital issuance. The moves could add to the Coco issuance pipeline in the wake of the Bank of England’s announcement last month that UK lenders need to raise £25bn of capital.
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