colo
Forumer attivo
il lieto fine era la call.(adesso sfumata spero per ora) purtroppo io ho comprato caro a 77 quindi con queste 2 cedole mi si è abbassato il mio prezzo.(io resto e aspetto la call sono un illuso????)
Obbligazioni perpetue e subordinate Tutto quello che avreste sempre voluto sapere sulle obbligazioni perpetue... - Cap. 1 (3 lettori)
- Creatore Discussione negusneg
- Data di Inizio
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- Tags
- additional tier 1 bail in basilea 3 coco bonds crd iv genussscheine grandfathering hybrid bond loss absorption lower tier 2 make whole amount matusalem bond obbligazioni irredimibili obbligazioni perpetue obbligazioni subordinate perpetual bond preference shares restricted tier 1 tier 1 upper tier 2
- Stato
il lieto fine era la call.(adesso sfumata spero per ora) purtroppo io ho comprato caro a 77 quindi con queste 2 cedole mi si è abbassato il mio prezzo.(io resto e aspetto la call sono un illuso????)
Zorba
Bos 4 Mod
Zorba
Bos 4 Mod
Grazie. Mi basta così...
bosmeld
Forumer storico
Grazie Bos. Che prezzi vedi sulla AIB LT2 12.5%?
dovrebbe essere 25,5 lettera 26,5
p.s la alpha é molto illiquida, io la ho da tempo insieme a ferdo, ma non la consiglio.
anche se spero che prima o dopo le cose miglioreranno
Zorba
Bos 4 Mod
Grazie Bos. Alpha e' un mio vecchio pallino, ma temo che non faccia per me. Spread troppo alti e poco liquida...
maxolone
Forumer storico
Zorba uber alles ( mi ripeto...)
Te lo dico più chiaramente: dovresti scrivere di più su questo 3d....Idem Mais, Negus, etc etc
bosmeld
Forumer storico
quel titolo non é proprio per trading.
cmq mi stupisce la forza delle p. portoghesi, nonostante gli spread sovrani, sembra esserci diverso denaro.
se il portogallo non avesse allargato cosí forse quoterebbero un po di piú adesso
bosmeld
Forumer storico
HSH Nordbank Says Audit Found No Neglect by Management Board
HSH Nordbank AG, which had to be bailed out during the financial crisis, said an examination by Germany’s financial regulator found “no breaches of duty” at management level regarding practices to award contracts.
Findings of the Federal Financial Supervisory Authority’s special audit were presented to Nordbank’s supervisory board by external legal coordinator Klaus Landry today, Hamburg-based Nordbank said in an e-mailed statement.
“The report states that there were inconsistencies in the bank’s contract award process -- no breaches of duty by the management board were detected at any time,” Nordbank said, adding there is “no need for action by the supervisory board.”
The German states of Hamburg and Schleswig-Holstein, which together control 85.5 percent of Nordbank, provided the lender with 3 billion euros ($4.1 billion) in capital and 10 billion euros in guarantees to cover potential losses during the crisis. The bank also tapped Germany’s Soffin bank-rescue fund for 17 billion euros in guarantees. Hamburg and Schleswig-Holstein last year asked Nordbank to fire Chief Executive Officer Dirk Jens Nonnenmacher, following allegations of spying at the bank.
HSH Nordbank AG, which had to be bailed out during the financial crisis, said an examination by Germany’s financial regulator found “no breaches of duty” at management level regarding practices to award contracts.
Findings of the Federal Financial Supervisory Authority’s special audit were presented to Nordbank’s supervisory board by external legal coordinator Klaus Landry today, Hamburg-based Nordbank said in an e-mailed statement.
“The report states that there were inconsistencies in the bank’s contract award process -- no breaches of duty by the management board were detected at any time,” Nordbank said, adding there is “no need for action by the supervisory board.”
The German states of Hamburg and Schleswig-Holstein, which together control 85.5 percent of Nordbank, provided the lender with 3 billion euros ($4.1 billion) in capital and 10 billion euros in guarantees to cover potential losses during the crisis. The bank also tapped Germany’s Soffin bank-rescue fund for 17 billion euros in guarantees. Hamburg and Schleswig-Holstein last year asked Nordbank to fire Chief Executive Officer Dirk Jens Nonnenmacher, following allegations of spying at the bank.
Zorba
Bos 4 Mod
bosmeld
Forumer storico
WestLB Will Be RestLB
Beleagured German regional bank WestLB earned a new nickname this week after a long tug-of-war on how to downsize its operations and find a new owner by year-end: RestLB.
The 11th-hour plan prosposed by the German government involves selling off the bank’s healthy parts to an investor and corraling a further €100 billion in unattractive assets into a bad bank. The regrouping of the remaining operations—the RestLB—could later prove a milestone in the long-awaited consolidation of Germany’s Landesbanken.
It’s all but a foregone conclusion that the former flagship of the German public banking sector will be broken up, after the German government submitted a break-up solution right before midnight Tuesday, the deadline set by the EU Commission.
In 2009, the Commission mandated WestLB to shrink its balance sheet by 50% and find a new owner by the end of this year. This was after it had to be rescued with €16 billion of taxpayers’ money, according to EU calculations. The Commission stepped up its downsizing requirement last November, when it realized WestLB had received €3.4 billion in undisclosed state funds when it off-loaded €77 billion of assets into a bad bank—something the Commission wasn’t expecting.
The Commission then set a Feb. 15 final deadline for the bank and its owners to submit a convincing restructuring proposal, including a cut in its balance sheet and risk-weighted assets and a long-term business model.
What remains of WestLB will be a so-called Verbundbank, with a size of roughly €45 billion—a quarter of the bank’s current balance sheet. The new core bank will service local savings banks and do transaction business. The core bank’s staff will be cut to a maximum of 1,000 people, compared with the current 5,000 staff at WestLB worldwide.
WestLB’s radical restructuring could refresh hopes for Germany’s troubled Landesbanken sector—which is riddled with inefficiencies and overcapacities—through broader change and consolidation.
But the wrangling and time it took to reach a solution on downsizing WestLB means regulators shouldn’t get their hopes up too high. If WestLB is any indication of what EU commissioner Joaquin Almunia will face with the three other German banking restructuring cases—real estate financer Hypo Real Estate, and the Landesbanken HSH Nordbank and BayernLB—he will have his hands full.
Earlier this month Almunia said he wants to solve these problem cases before the official summer break. Since the Commission reportedly suspects HRE also received hidden state aid when off-loading assets, he might as well cancel his holidays.
Beleagured German regional bank WestLB earned a new nickname this week after a long tug-of-war on how to downsize its operations and find a new owner by year-end: RestLB.
The 11th-hour plan prosposed by the German government involves selling off the bank’s healthy parts to an investor and corraling a further €100 billion in unattractive assets into a bad bank. The regrouping of the remaining operations—the RestLB—could later prove a milestone in the long-awaited consolidation of Germany’s Landesbanken.
It’s all but a foregone conclusion that the former flagship of the German public banking sector will be broken up, after the German government submitted a break-up solution right before midnight Tuesday, the deadline set by the EU Commission.
In 2009, the Commission mandated WestLB to shrink its balance sheet by 50% and find a new owner by the end of this year. This was after it had to be rescued with €16 billion of taxpayers’ money, according to EU calculations. The Commission stepped up its downsizing requirement last November, when it realized WestLB had received €3.4 billion in undisclosed state funds when it off-loaded €77 billion of assets into a bad bank—something the Commission wasn’t expecting.
The Commission then set a Feb. 15 final deadline for the bank and its owners to submit a convincing restructuring proposal, including a cut in its balance sheet and risk-weighted assets and a long-term business model.
What remains of WestLB will be a so-called Verbundbank, with a size of roughly €45 billion—a quarter of the bank’s current balance sheet. The new core bank will service local savings banks and do transaction business. The core bank’s staff will be cut to a maximum of 1,000 people, compared with the current 5,000 staff at WestLB worldwide.
WestLB’s radical restructuring could refresh hopes for Germany’s troubled Landesbanken sector—which is riddled with inefficiencies and overcapacities—through broader change and consolidation.
But the wrangling and time it took to reach a solution on downsizing WestLB means regulators shouldn’t get their hopes up too high. If WestLB is any indication of what EU commissioner Joaquin Almunia will face with the three other German banking restructuring cases—real estate financer Hypo Real Estate, and the Landesbanken HSH Nordbank and BayernLB—he will have his hands full.
Earlier this month Almunia said he wants to solve these problem cases before the official summer break. Since the Commission reportedly suspects HRE also received hidden state aid when off-loading assets, he might as well cancel his holidays.
- Stato