AT1s: a mollycoddled market

By Tyler Davies
14 May 2020

Banks should be brave enough to take decisions that upset their additional tier one (AT1) investors.

The banking sector has been granted significant capital relief since the onset of the coronavirus pandemic.

Supervisors have made it clear that they want firms to have all the room they need to focus on lending during this difficult period.

That has meant many financial institutions have had ...

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