FSA stops RBS calling subordinated debt
GlobalCapital, is part of the Delinian Group, DELINIAN (GLOBALCAPITAL) LIMITED, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 15236213
Copyright © DELINIAN (GLOBALCAPITAL) LIMITED and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
FIG

FSA stops RBS calling subordinated debt

The gap between banks able to pay coupons on hybrid tier one and to call subordinated debt and those unable to do so widened further last Friday (September 4) when Royal Bank of Scotland said it would not be calling four subordinated issues at the instruction of the UK’s Financial Services Authority, following discussions with the European Commission.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article