(Reuters) China will provide further support for banks’ perpetual bond issuance, including examining ways to broaden the investor base for such bonds, to help boost lending in the economy, a vice central bank governor said on Tuesday.
Danish and Estonian regulators are being investigated by the European Union’s banking watchdog over a possible breach of EU law relating to alleged money-laundering at Danske Bank.
The European Union’s Single Resolution Board has set out details of how it expects accountants and other experts to value banks that might need to be resolved, or those that have been.
The bank capital market brushed off Banco Santander’s unprecedented decision to extend an Additional Tier 1 bond last week, but the bank’s reputation among investors was left in tatters after a controversial and confusing sequence of decisions.
Germany’s Commerzbank is moving about 40 staff from London to Continental Europe in the next two months as it prepares for Brexit.