Education (advanced)
As discussed in the previous editions, Basel III regulatory developments have forced a change in the way banks can structure capital securities and this has important consequences for demand, particularly from the institutional market
Education (advanced)
As we discussed last week, contingent convertible capital securities (or CoCos as they are more affectionately known) are the new form of hybrid regulatory capital security under Basel III, replacing the old-style step-up subordinated debt and Tier 1 securities
Education (advanced)
Contingent convertible capital securities (or CoCos as they are more affectionately known) are the new form of hybrid regulatory capital security under Basel III, replacing the old-style step-up subordinated debt and Tier 1 securities