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June 13, 2023
In a first since the rescue of Credit Suisse, Spain's BBVA and Bank of Cyprus tested demand for euro-denominated contingent convertible (CoCo) bonds on Tuesday.
June 13, 2023
(Bloomberg) -- The market for the riskiest type of bank debt in Europe is back open for business three months after the turmoil caused by a controversial wipeout of Credit Suisse Group AG’s bonds.Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonInstant Pot and Pyrex Maker Instant Brands Files BankruptcyUS Inflation Slows, Giving Room for Fed to Pause Rate HikesPutin’s Economic Forum Puts Russia’s Isolation on DisplayAmericans Say T...
June 12, 2023
The sudden collapse of Switzerland’s investment standout, Credit Suisse, in March shook the financial industry. Although former competitor UBS came to the rescue and bought it out, not all investors escaped the fray unscathed and are launching legal challenges. What was behind the bank’s demise, and how will it impact the financial sector?
June 9, 2023
The decision in this regard was taken by the central board of the bank, the countrys largest lender said in a stock exchange filing.
June 9, 2023
The raising of funds will only be possible after the government of India gives a nod.
June 9, 2023
The fundraise will happen through issue of debt instruments on a private placement basis during FY24
June 9, 2023
The State Bank of India on Friday said it will raise up to Rs 50,000 crore by issuance of debt instruments to Indian and overseas investors in the current financial year.
June 9, 2023
Mumbai: The State Bank of India (SBI) on Friday announced its plan to raise up to Rs 50,000 crore through debt instruments during the current fiscal year.
June 5, 2023
The market for risky perpetual bonds that banks count towards their capital will recover, the head of UniCredit said on Monday, adding that only at that time will his bank replace an issue it redeemed... | June 5, 2023
June 2, 2023
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