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  • FIG
    Pearl Group Holding, the UK life assurance consolidator, is seeking to restructure its tier one debt ahead of a potential primary London Stock Exchange listing, the company said on Tuesday.
  • FIG
    Lloyds TSB Bank issued a $2bn tier one bond on Tuesday in a self-led private placement that originated from a reverse enquiry that the borrower fielded during its recent contingent capital-raising exchange offer.
  • FIG
    Innovative hybrid tier one and distinct classes of tier two capital will be subjects only for the history books if proposals made this week by the Basel Committee on Banking Supervision are implemented.
  • FIG
    Lloyds TSB Bank issued a $2bn tier one bond on Tuesday in a self-led private placement that originated from a reverse enquiry that the borrower fielded during its recent contingent capital-raising exchange offer.
  • Mitsubishi UFJ Financial Group set the price for its record ¥1tr ($11.6bn) share sale on Monday in a deal that bankers said attracted a strong following of top international investors.
  • FIG
    Citi is set to rid itself of its ‘exceptional financial assistance’ label as it on Monday agreed to repay $20bn of Tarp trust preferred securities and end its loss-sharing agreement with the US government.