Labour Day.
And all quiet on the other side of the Atlantic where we assume there are more green shoots than here on the Emerald Isle.
European banks face pressure to issue far more shares in order to meet a tough new global regulatory framework outlined at the weekend by G20 finance ministers which calls for much stronger capital buffers. The move follows criticism that some banks have used complex securities to meet more than half the existing regulatory requirements through the issuance of “hybrid” securities, which are more like debt than equity
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And all quiet on the other side of the Atlantic where we assume there are more green shoots than here on the Emerald Isle.
European banks face pressure to issue far more shares in order to meet a tough new global regulatory framework outlined at the weekend by G20 finance ministers which calls for much stronger capital buffers. The move follows criticism that some banks have used complex securities to meet more than half the existing regulatory requirements through the issuance of “hybrid” securities, which are more like debt than equity
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