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GC Asia
CRD IV delay no barrier to hybrids but most will wait
A potential delay in finalising the fourth capital requirements directive (CRD IV) and the accompanying capital requirements regulation (CRR) need not be a barrier to banks which want to print new-style hybrids, said DCM bankers this week.
Talks between the European Commission, Council and Parliament ground to a halt on Tuesday as the three bodies clashed over issues such as bankers’ bonuses, national regulatory flexibility, the EBA’s powers and capital buffers for the region’s lenders.
Discussions will begin again on February 27, but before then, a ...Please take a trial or subscribe to access this content.
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