Holdco in vogue as Wall Street dominates
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 ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com