HSBC Redeems $1.265 Bn Of Preferred Securities
Other redemptions
Other stocks to be redeemed lately include - BCS-C, RBS-E, RBS-I, RBS-G
What stocks could be next?
AEG preferreds, ING preferreds, DB preferreds, PUK preferreds, SAN preferreds, etc. ... Every one's job has to be to dig deeper into the redemptions and to find the next one trading bellow call price.
Conclusion. Too many redemptions from European banks have to mean something. Is there another storm coming? Would you redeem UBS-D or HUSI-F if you weren't forced to do it?