Page 26 - Additional Tier News Today

LONDON (Reuters) - Lloyds, Britain's biggest domestic bank, said on Friday it will repay an 'Additional Tier 1' (AT1) bond in June, the latest sign of a market recovery after a Swiss decision to write down such debt as part of the rescue takeover of Credit Suisse. | 01:46pm

MARKET WRAPS Stocks: European stocks were higher on Thursday as investors waded through earnings, with banks especially in focus. "We have banks like Barclays reporting strong numbers, but traders should keep in mind that overall higher int... | 06:34am

The decision was made at the board meeting held on Wednesday.

The banks board members have approved a fundraising plan that should not exceed ₹10,100 crore. The total capital plan will be raised through equities and bonds.

The Board of Directors of Union Bank of India in its meeting held on April 26, 2023, has considered & approved the Capital Plan of the Bank to raise capital by an amount not exceeding ₹ 10,100 crore.

Credit Suisse experienced significant net asset outflows in the second half of March 2023.

Investegate announcements from Santander UKGrp Hdgs, Quarterly Management Statement - Q1 2023

Investegate announcements from Bank of Cyprus Hldgs, Notice of AGM 2023

Net profit at Switzerland's UBS bank plunged by more than 50% in the first three months of this year to $1.04 billion, the banking giant's first-quarter results out Tuesday show.

/PRNewswire/ -- Wollmuth Maher & Deutsch LLP is pleased to announce an initiative to expand the representation of holders of Credit Suisses Additional Tier 1...