We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

MDA comedown

25 April 2016 By Neil Unmack

The ECB is having second thoughts about banks issuing hybrid debt, according to reports. So-called CoCos have detractors, chief among them being Deutsche Bank. Yet better than banning them would be for investors to price them properly. They may need to see real losses first.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)