Credit Ag’s LT2: neat solution or unnecessary complication?

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Credit Ag’s LT2: neat solution or unnecessary complication?

While Crédit Agricole is to be congratulated on its cleverly engineered lower two deal priced on Tuesday, it goes completely against the grain of what Basel is supposed to be trying to achieve: a simpler banking system, with bank capital instruments that are easy for investors to understand.

Unlock this article.

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

To unlock this article:

Request a Free Trial or Login
Gift this article