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

Capital plan

11 February 2020 By Liam Proud

The lender is issuing $1 bln of contingent convertible securities, blasted by ex-CEO John Cryan as unreliable capital. It’s doing better under Christian Sewing, and hybrid bonds have regulators’ blessing. For now, banks, investors and watchdogs are happy to downplay the risks.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)