THE fallout from the recent banking crisis spurred by the collapse of two banks – and concerns about the health of a third – is bubbling up in the market for commercial real estate lending, as borrowers fear that banks will pull back. That could slow down construction activity...
EQUITY holders will first absorb losses from the resolution of a financial institution before those who bought Additional Tier-1 (AT1) and Tier-2 capital instruments, said the Monetary Authority of Singapore (MAS) on Wednesday (Mar 22).
THE recent rout in bank shares will not result in a significant hit to commodities finance for major trading firms, the chief financial officers of the biggest energy traders told the Financial Times Commodities Global Summit on Wednesday (Mar 22).
PLANS to vastly expand the Federal Deposit Insurance Corporation’s (FDIC) safety net restored investor confidence in banks such as First Republic and in the US stock market this week, but these moves could well stall or even backfire.
THE banking turmoil sparked by the collapse of Silicon Valley Bank is not yet over, and a significant number of banks will fail within two years, the CEO of hedge fund Man Group told a Bloomberg conference in London on Wednesday (Mar 22).
FUND houses have turned out to be sizeable holders of Credit Suisse’s now-worthless Additional Tier-1 (AT1) bonds. But the exposure appears minimal at the individual fund level.
PACIFIC Investment Management Co (Pimco) and Invesco are among the largest holders of Credit Suisse’s so-called Additional Tier-1 (AT1) bonds that have been wiped out after the bank’s takeover by UBS.
