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FIG proves its resilience in 2013

Bail-ins, restructurings, tapering (or not), mis-selling... but a whole lot of deals. The FIG markets really grabbed the limelight in 2013, for the wrong reasons as well as the right. This was the year that subordinated debt made a comeback despite several examples of just how risky it is, that additional tier one and Cocos gained acceptance from the investor community, and that senior unsecured proved it wouldn’t be silenced by a bit of political uncertainty.

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