Bank Credit Weekly: Bank Mandiri and RBS Issuance Suggest Value in the Market
The rally in Asia’s high yield index stalled with spreads largely unchanged week-on-week. All Asian bank subordinated Tier 2 and Additional Tier 1...
290 Views
Bank Credit Weekly: HY Recovery Following Oil Price Crater; Policy Moves in Turkey Get Rewarded
The crowding-in rally stalled in bank credit as policy makers grabbled with when or how to turn the lights back on. We expect a dimly lit future...
229 Views
Smartkarma Originals
Bank Contingent Capital & Coronavirus Contagion
When you purchase bank contingent capital, you may marry it for the foreseeable future. Coronavirus contagion is challenging this contractual...
727 Views
Bank Credit Weekly: HY Crowding-In; Swim Across the Riptide as Asia Earnings Begin
Crowding-in took over as global credit markets put on a strong rally following continuing aggressive moves by monetary policymakers to support...
314 Views
Bank Credit Weekly: US Capital Buffer Risk & Q1 Earnings Reports- JPMorgan Looks Slightly Overbought
We are not convinced that U.S. bank holding company capital ratios are as resilient as many would like to believe. Distributions well in excess of...
355 Views