Don’t believe the hype: EU bank aid talk fails to reassure senior FIG
Suggestions that the European Union could conduct recapitalisations of Europe’s financial institutions have been met with resounding scepticism in the senior unsecured FIG market, as investors offload paper in the secondary market from all but the top tier European banks. However, bankers said many issuers and investors were ready to jump into the market as soon as conditions improved.
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