UK banks sing redemption song on Discos but no reissues planned
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UK banks sing redemption song on Discos but no reissues planned

Banking giants: high-rise offices of HSBC and Barclays. Image shot 04/2009. Exact date unknown.

◆ Old Discos no longer attractive capital or funding tool ◆ But multiple AT1s also called with no signs of replacement ◆ UK banks well capitalised

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