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Three bank failures barely cool demand for riskiest lender debt

Wednesday, July 5, 2017 - 05:50

London

BUYERS of the riskiest bank bonds, who witnessed three failures last month, are proving to be a resilient bunch.

HSBC Holdings sold so-called additional Tier 1 notes with a record-low coupon last week, capping the busiest quarter for AT1 sales by European banks in more than

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