UK’s FPC hails high-trigger Cocos, drills down on risk weights
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UK’s FPC hails high-trigger Cocos, drills down on risk weights

Barclays’ recent contingent capital issue received a metaphorical thumbs up on Thursday morning from the UK’s Financial Policy Committee. However, the FPC, in its November report, changed its emphasis on bank capital, sharpening its focus on the way capital ratios are calculated.

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