Basel To Update CoCos Position

28 Feb 2011

The Basel Committee on Banking Supervision is expected to update its view of counting contingent capital bonds toward banks’ capital requirement.

The Basel Committee on Banking Supervision is expected to update its view of counting contingent capital bonds toward banks’ capital requirement. Stefan Walter, the committee’s secretary general of global banking supervisors, says Basel need to assess the impact of counting CoCos not just on an individual bank but ...

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