Top section
Top section
Markus Meier and Thore Zimmermann promoted
Reforms should focus on banks' access to liquidity, not capital
Conditions support capital issuance, even though European Commission's report gave no clarity on the future of AT1s
More articles
More articles
More articles
-
The European Stability Mechanism’s Pandemic Crisis Support credit lines will eventually be drawn on by euro area member states, according to the institution’s chief financial officer, Kalin Anev Janse. -
HSBC has hired Vikas Seth for a vice-chairman position, where he will be tasked with serving the firm's emerging markets clients.
-
The transition from Ibor benchmarks passed a major milestone this week, when LCH joined CME in switching its discounting rate for dollar referencing derivatives from the Fed Funds Rate to Sofr.
-
Bank of America has appointed Fernando Vicario as chief executive of its EU bank, replacing Bruce Thompson, who worked to establish the new entity ahead of Brexit. It has also given new roles to Richard King and Simeon Stevens.
-
The Bank of England said this week that it would loosen some of the rules around the maximum distributable amount for UK banks after Brexit, making it harder for them to trigger restrictions on their additional tier one (AT1) coupons and equity dividends.
-
Much of European rule making in wider society has been about preventing infection spreading to the elderly of late. But the European Banking Authority has instead weighed in on the "infection risk" that stems from grandfathered securities.
Sub-sections
