darkog
In Hoc Signo Vince..
Banca Marche, operazione fondo vincolata a via libera banca d'Italia, BCE - Nota - RTRS
Obbligazioni bancarie Banca Marche subordinate XS0257293828 e XS0302580880: dolcetto o scherzetto?
- Creatore Discussione NoWay
- Data di Inizio
Banca Marche, operazione fondo vincolata a via libera banca d'Italia, BCE - Nota - RTRS
solovaloreaggiunto
Forumer storico
Potete dire di la che sul finale jpm offriva 1 mill marche a29? Grazie
saverio1973
BOND SUB.
Operativo in lettera?
solovaloreaggiunto
Forumer storico
Si ne dava 1 mill a 29 negli ultimi minuti di mkt
saverio1973
BOND SUB.
aveva comprato a 20 evidentemente
solovaloreaggiunto
Forumer storico
Puó essere.. Jpm non ne sa una fava di bdm..
saverio1973
BOND SUB.
solovaloreaggiunto
Forumer storico
Italy’s bank-sponsored deposit guarantee
fund will lead the rescue of Banca delle Marche SpA, the Italian
regional lender that’s under central bank administration, by
backing a planned capital increase and becoming the controlling
shareholder.
The rescue will take place after the country’s new bail-in
rules come into effect, the fund said in an e-mailed statement
on Thursday. The transaction is subject to the approval of
Italian and European regulators, including the European Central
Bank.
“The key thing would be that the recapitalization will take
place after the country’s new bail-in rules come into effect,”
said John Raymond, credit analyst for southern European banks at
CreditSights in London. “It gives them the possibility of
bailing in the subordinated and senior debt. It may become
something of a race between Italy and Greece for the first
example of a senior bail-in.”
Take Pain
The European Union’s Bank Recovery and Resolution
Directive, which comes into force in January, aims to ensure
stakeholders rather than taxpayers take the pain of resolving a
failing bank. This includes holders of senior bonds, a class of
security that was largely unscathed during the financial crisis,
whose claims can be impaired while the bank is recapitalized or
wound up.
The way that Italy transposed the directive into its legal
framework makes depositors senior to bondholders if losses have
to be inflicted in a resolution. Under existing legislation,
depositors and bondholders have the same rank and losses would
be shared.
Banca Marche has 736 million euros ($830 million) of junior
and senior unsecured bonds outstanding, 121 million euros of
which mature before January 1, according to data compiled by
Bloomberg.
Banca Marche, run by administrators appointed by the Bank
of Italy since a capital shortfall emerged in 2013, was seeking
new investors and a partner to bolster capital while selling
assets. Commissioners at the bank, based in Jesi, central Italy,
have until the end of October when their mandate expires, to
finalize the plan, people with knowledge of the discussions have
said.
Since it was created in 1987, the deposit guarantee fund
has helped rescue 12 banks. Last year it injected 265 million
euros into Banca Tercas to cover its capital deficit, and gave
guarantees for some bank’s fiscal and credit risks.
fund will lead the rescue of Banca delle Marche SpA, the Italian
regional lender that’s under central bank administration, by
backing a planned capital increase and becoming the controlling
shareholder.
The rescue will take place after the country’s new bail-in
rules come into effect, the fund said in an e-mailed statement
on Thursday. The transaction is subject to the approval of
Italian and European regulators, including the European Central
Bank.
“The key thing would be that the recapitalization will take
place after the country’s new bail-in rules come into effect,”
said John Raymond, credit analyst for southern European banks at
CreditSights in London. “It gives them the possibility of
bailing in the subordinated and senior debt. It may become
something of a race between Italy and Greece for the first
example of a senior bail-in.”
Take Pain
The European Union’s Bank Recovery and Resolution
Directive, which comes into force in January, aims to ensure
stakeholders rather than taxpayers take the pain of resolving a
failing bank. This includes holders of senior bonds, a class of
security that was largely unscathed during the financial crisis,
whose claims can be impaired while the bank is recapitalized or
wound up.
The way that Italy transposed the directive into its legal
framework makes depositors senior to bondholders if losses have
to be inflicted in a resolution. Under existing legislation,
depositors and bondholders have the same rank and losses would
be shared.
Banca Marche has 736 million euros ($830 million) of junior
and senior unsecured bonds outstanding, 121 million euros of
which mature before January 1, according to data compiled by
Bloomberg.
Banca Marche, run by administrators appointed by the Bank
of Italy since a capital shortfall emerged in 2013, was seeking
new investors and a partner to bolster capital while selling
assets. Commissioners at the bank, based in Jesi, central Italy,
have until the end of October when their mandate expires, to
finalize the plan, people with knowledge of the discussions have
said.
Since it was created in 1987, the deposit guarantee fund
has helped rescue 12 banks. Last year it injected 265 million
euros into Banca Tercas to cover its capital deficit, and gave
guarantees for some bank’s fiscal and credit risks.
solovaloreaggiunto
Forumer storico
Banmar 17 bid 18/ offer 22 ora
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