Hybrids leave bitter aftertaste

07 Sep 2009

The Basel Committee on Banking Supervision is, after months of talk, finally getting tough on hybrid capital. Panglossian banks that ignored repeated warnings about the future eligibility of the product may regret their enthusiasm.

Regulators have repeatedly told banks over the last year that they will face curbs on the issuance of hybrid capital. But instead of eschewing the product, banks jumped back into the market as soon as they could — and hoped that somehow, if the worst came to the ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.