All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group

Cocos, liability management on table for recaps

In one swift — and unexpected — move, the European Banking Authority re-established the legitimacy of contingent capital late on Wednesday night when it indicated that, under certain conditions, instruments would be eligible for inclusion within its new 9% capital requirement for European banks.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree