Oct 302014
 
Fitch Places First Niagara’s HoldCo ‘BBB-‘ IDR on Rating Watch NegativeDigitalJournal.comThe agency’s review will focus on clarity regarding holding company liquidity plans, Basel III capital compliance, and plans for the company’s CLO portfolio to comply with the Volcker rule. Management actions that improve holding company liquidity from … and more Read More       Share this:FacebookLinkedInTwitterGoogleTumblrPinterestReddit (more…)
Oct 282014
 
Fitch Places First Niagara’s HoldCo ‘BBB-‘ IDR on Rating Watch NegativeBusiness Wire (press release)The agency’s review will focus on clarity regarding holding company liquidity plans, Basel III capital compliance, and plans for the company’s CLO portfolio to comply with the Volcker rule. Management actions that improve holding company liquidity from … and more Read More       Share this:FacebookLinkedInTwitterGoogleTumblrPinterestReddit (more…)
Oct 282014
 
Allotment of 9.20% Unsecured Redeemable Non Convertible Basel III Complaint …Hindu Business LineWith reference to the earlier letter dated October 22, 2014, Oriental Bank of Commerce has now informed BSE that the Bank’s issue of 9.20% Unsecured Redeemable Non Convertible Basel III Compliant Tier II Bonds was fully subscribed to the extent of Rs. and more Read More       Share this:FacebookLinkedInTwitterGoogleTumblrPinterestReddit (more…)
Oct 272014
 
Under full Basel III rules, 36 EU banks would have flunkedInternational Financing ReviewThe eurozone is lagging behind countries outside the bloc in implementing the Basel III capital rules that are due to come into full force in 2019, potentially adding another challenge for the European Central Bank when it takes over supervision of … Read More       Share this:FacebookLinkedInTwitterGoogleTumblrPinterestReddit (more…)
Oct 272014
 
Fitch Rates BOC’s Basel III-compliant Tier 2 Notes ‘BBB+(EXP)’Reuters(The following statement was released by the rating agency) HONG KONG/BEIJING/SINGAPORE, October 27 (Fitch) Fitch Ratings has assigned Bank of China Limited’s (BOC; A/Stable) upcoming Basel III-compliant Tier 2 subordinated notes an expected … Read More       Share this:FacebookLinkedInTwitterGoogleTumblrPinterestReddit (more…)
Oct 262014
 
Fitch: Focus on High Yield ETFs and Basel III in Inaugural Edition of ‘Inside …Business Wire (press release)NEW YORK–(BUSINESS WIRE)–Fitch Ratings today launched the inaugural edition of Inside Credit, a weekly snapshot of its noteworthy content, selected from all sectors and regions. The first edition includes top stories on high yield bond exchange … and more Read More       Share this:FacebookLinkedInTwitterGoogleTumblrPinterestReddit (more…)
Oct 242014
 
Fitch: Focus on High Yield ETFs and Basel III in Inaugural Edition of ‘Inside …ReutersThe first edition includes top stories on high yield bond exchange-traded fund (ETF) trading and the impact of Basel III on Europe’s 16 largest banks. Bond ETF trading patterns shifted materially during five market stress periods over the last 21 … and more Read More       Share this:FacebookLinkedInTwitterGoogleTumblrPinterestReddit (more…)
Oct 232014
 
Fitch: Basel III Credit Reductions and Reallocations Slow for European G-SIBsReuters(The following statement was released by the rating agency) Link to Fitch Ratings’ Report: Basel III: Shifting the Credit Landscape (European Banks’ Risk Reduction and Reallocation Slowing) here LONDON, October 23 (Fitch) Fitch Ratings says in a new … and more Read More       Share this:FacebookLinkedInTwitterGoogleTumblrPinterestReddit (more…)
Oct 212014
 
NDTVMumbai: IDBI Bank on Monday said it has raised Rs 2,500 crore through Basel III-compliant additional Tier-I (AT-I) bonds. The Rs 2,500 crore bond issue includes an initial size of Rs 1,500 crore, with an option to retain over-subscription up to Rs 1 …IDBI Bank raises Rs2,500 crore through Basel III bondsLivemintIDBI Bank raises Rs 2, 500 cr capital via AT-1 bondsBusiness StandardIDBI makes it sub and senior in less than a weekGlobalCapitalMyiris.comall 12 news articles Read More       Share this:FacebookLinkedInTwitterGoogleTumblrPinterestReddit (more…)
Oct 202014
 
LivemintThe reason why coupons on Basel III compliant bonds are 100-150 basis points higher than normal bonds is that investors risk losing money if an issuer bank reports a loss in any year. However, in September the Reserve Bank of India (RBI) came with a …IDBI makes it sub and senior in less than a weekGlobalCapitalIDBI Bank issues additional Tier-I bondsMyiris.com all 3 news articles …read more Read more here:: http://news.google.com/news/url?sa=t&fd=R&ct2=us&usg=AFQjCNFZmhirZUw9q2GOt1ErOKWaIHCUYQ&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52778637140762&ei=Bf9EVPCqK8fF8QHb94D4Cw&url=http://www.livemint.com/Money/NvzR20IrTr9EVPLygvEd8N/IDBI-Bank-raises-Rs2500-crore-through-Basel-III-bonds.html        Share this:FacebookLinkedInTwitterGoogleTumblrPinterestReddit (more…)