Get our introductory offer at only
*$0.99/month for first 3 months
$29.90/month for the next 9 months
EUROPEAN banks are playing a nerve-jangling waiting game in an effort to reap maximum rewards from issuing billions of dollars of so-called CoCo bonds in a frenzied market revival that could evaporate in a heartbeat.
The yields that banks need to pay on contingent...