You are here

SUBSCRIBERS

European banks carefully time CoCos revival

London

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...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes