Fineco AT1 forthcoming as bank grows apart from UniCredit
FinecoBank may look to boost its leverage ratio with a €200m issuance of additional tier one securities in the coming months, as part of plans for the entity to operate independently from the UniCredit group.
In a statement issued on Tuesday, UniCredit and Fineco confirmed the subsidiary may issue €200m of AT1 capital “in the next few months” so that its leverage ratio can be “strengthened comfortably above 3%”.Leverage ratios measure a bank’s capital adequacy compared with the total volume of its ...
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