Tough year ahead for bank finance teams

From bail-ins of Irish bank debt to bail-outs of troubled European sovereigns, from Cocos to covered bonds, the FIG market has had more than its fair share of excitement in 2011. At the same time, many banks are well funded and have been able to take a step back from the market during the recent volatility. With regulatory debates still raging, the second half of the year will be anything but calm, reports Will Caiger-Smith.