Deutsche, HSBC shift TLAC focus to dollars

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By Tyler Davies
17 Nov 2020

Deutsche Bank and HSBC Holdings were targeting the dollar market with new loss-absorbing senior deals on Tuesday, having each raised debt in euros earlier this month.

The two global systemically important banks (G-SIBs) have mostly completed their issuance plans for this year. 

But they have been making the most of favourable market conditions in November to push on with their funding targets for the total loss-absorbing capacity (TLAC) requirements. 

Deutsche Bank was ...

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