Caius thinks EBA is reviewing UniCredit’s Cashes
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Caius thinks EBA is reviewing UniCredit’s Cashes


Caius Capital will wait until the European Banking Authority has completed a review of legacy capital instruments before proceeding with its case that UniCredit’s convertible and subordinated hybrid equity-linked securities (Cashes) are receiving the wrong regulatory treatment. This is because it believes the Cashes are included in that review, writes Jasper Cox.

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