Europe's Lenders Surge Ahead with AT1 Bond Issuance Despite Regulatory Concerns

Additional Tier 1 bond supply appears to have kicked into overdrive as Europe's lenders, in a remarkably bold display of confidence, seem to be dismissing recent regulatory jitters. Over the past few months, banks all over the continent have tapped this type of debt-which is supposed to absorb losses during times of stress-to beef up capital buffers and to raise cash in ways that are new and innovative.

Continue reading