Cocos set for comeback as banks ponder recap strategies

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Cocos set for comeback as banks ponder recap strategies

Contingent capital could be set for a comeback after European leaders gave the instruments a boost in their Grand Plan announced on Thursday. But FIG specialists say banks will look at a range of routes to meet the new capital requirements — which come alongside a reminder that this should be achieved without compromising lending to the real economy (see separate story for coverage of individual banks' capital requirements).

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