Holdco in vogue as Wall Street dominates

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By David Rothnie
26 Oct 2017

The dollar market sprung back to life as US banks dominated supply this week, with Goldman Sachs and Citigroup taking home more than $11bn through self-led trades.

After printing a senior preferred transaction following its third quarter results last week, Goldman came with a $7bn holding company level trade that will count towards its total loss-absorbing capacity (TLAC) requirement.

The US lender sold two fixed to floating rate notes — a $3.25bn five year ...

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