Bank of East Asia: Strategic Review to Set AT1 Value; Forewarned Is Forearmed
Bank of East Asia's (BNKEA) strategic review may have an outsized valuation impact on the firms’ Additional Tier 1 (AT1) bonds given the potential...
352 Views
Rizal Commercial Bank’s Inaugural AT1 Bond: Caveat Emptor
Caveat emptor. That is, let the buyer beware. Rizal Commercial Bank's (RCB PM) Additional Tier 1 (AT1) bond should be un-investable for many. This...
323 Views
US Banks – Loan Modifications
There is granular data for US banks on loan modifications due to the economic shutdown as well as Payment Protection Program (PPP) loans. One may...
249 Views
AIA Group – Interesting Indian Transaction
*Creative New Revenue Opportunity: AIA Group (1299.HK) [AIA], via its 49%-owned Tata AIA JV in India, has entered into a strategic partnership with...
346 Views
HSBC – Unimpressive
There appears to be a recurring theme with banks, whereby those with high credit costs early in the year relative to recent years, see a marked...
258 Views