FIG falls quiet but no rest for regulators

By Will Caiger-Smith
18 Dec 2013

The primary FIG markets are finally winding down in the run up to the Christmas holidays, with no new deals being launched this week. A mystery capital issuer postponed its deal until the new year, while UBS and Yorkshire Building Society closed liability management exercises — but the only real activity is among regulators.

The EBA on Tuesday published the results of its EU-wide transparency exercise, showing that while European banks have continued to shed risk-weighted assets and improve their capital positions over the last 18 months, their stock of government debt from sovereigns under stress has shot up.

The data ...

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