Gerald Podobnik has covered the hybrid capital market at Deutsche Bank for 10 years. Capital, especially bank capital, has undergone a regulatory remodelling over the past three or four years, so it pays to have a veteran in residence. Podobnik spoke to EuroWeek’s Will Caiger-Smith about the changing face of capital regulation and the challenges it creates for issuers and structurers.
EUROWEEK: How many issuers are planning new style capital trades for after the summer holidays?Gerald Podobnik
: There are about five to 10 issuers planning deals for after the summer break, in a mixture of products. We are not just looking at additional tier one, we’re