Obbligazioni perpetue e subordinate Tutto quello che avreste sempre voluto sapere sulle obbligazioni perpetue... - Cap. 1 (3 lettori)
- Creatore Discussione negusneg
- Data di Inizio
-
- 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
Interessante Report, guardate in che posizione siamo, rabbrividisco.
https://www2.blackrock.com/webcore/...ue=PUB_IND&source=GLOBAL&contentId=1111142235
e questo report è datato giugno.
A questo punto la parola d'ordine dovrebbe essere strong sell sull'italia.
https://www2.blackrock.com/webcore/...ue=PUB_IND&source=GLOBAL&contentId=1111142235
e questo report è datato giugno.
A questo punto la parola d'ordine dovrebbe essere strong sell sull'italia.
russiabond
Il mito, la leggenda.
STRESS TEST Banche Austriache
Stresstest - Erste ist Top, ÖVAG floppt
http://www.wirtschaftsblatt.at/home...p-oevag-floppt-480765/index.do?_vl_pos=r.1.NT
Stresstest - Erste ist Top, ÖVAG floppt
http://www.wirtschaftsblatt.at/home...p-oevag-floppt-480765/index.do?_vl_pos=r.1.NT
discipline
Forumer storico
In Oevag avevano già pronto il comunicato, mandato via mail alle 18.03:
Vienna (15 July 2011) - Oesterreichische Volksbanken-AG (VBAG) participated in the EU-wide bank stress test conducted by the European Banking Authority (EBA). VBAG´s unstressed, baseline core tier I ratio as of 31 December 2010 is 6.4%. In the simulated worst case scenario the core tier I ratio would be 4.5% as of 31 December 2012. This simulation, however, only factors in measures to strengthen capitalization which already were in effect by 30 April 2011. Taking into account the measures that are currently being implemented, the core tier I ratio as of 31.12.2012 is 6.6%. When capital instruments which are loss-absorbing according to the banking law are also fully factored in, the tier I ratio is 9.8%.
Oesterreichische Volksbanken-AG is well capitalized and complies with all requirements according to the Austrian banking law. The tier I ratio has increased continuously since 2009: it was 9.2% as of 31 December 2009, 9.5% as of 31 December 2010 (excluding Europolis) and 9.7% at the end of the first quarter of 2011.
Quello completo è qui: EBA stress test - Volksbank AG
Del resto c'era anche chi si era tirato fuori all'ultimo minuto, non soddisfatto dai criteri utilizzati:
Earlier this week, Frankfurt-based Helaba ruled itself out of the stress test of 91 European lenders after the EBA at the last minute refused to acknowledge an improvement in the quality of its capital. (news)
"The European stress test has not contributed toward building trust in a sufficient manner," said Heinrich Haasis, head of the association of German savings banks. "Arbitrary benchmarks were applied to achieve political goals."
The Association of German Banks, which represents Deutsche Bank (DBK.FRA) and Commerzbank (CBK.FRA), said it was "not comprehensible" that Helaba's improved capital position was not fully taken into account by the EBA when it conducted the tests.
Vienna (15 July 2011) - Oesterreichische Volksbanken-AG (VBAG) participated in the EU-wide bank stress test conducted by the European Banking Authority (EBA). VBAG´s unstressed, baseline core tier I ratio as of 31 December 2010 is 6.4%. In the simulated worst case scenario the core tier I ratio would be 4.5% as of 31 December 2012. This simulation, however, only factors in measures to strengthen capitalization which already were in effect by 30 April 2011. Taking into account the measures that are currently being implemented, the core tier I ratio as of 31.12.2012 is 6.6%. When capital instruments which are loss-absorbing according to the banking law are also fully factored in, the tier I ratio is 9.8%.
Oesterreichische Volksbanken-AG is well capitalized and complies with all requirements according to the Austrian banking law. The tier I ratio has increased continuously since 2009: it was 9.2% as of 31 December 2009, 9.5% as of 31 December 2010 (excluding Europolis) and 9.7% at the end of the first quarter of 2011.
Quello completo è qui: EBA stress test - Volksbank AG
Del resto c'era anche chi si era tirato fuori all'ultimo minuto, non soddisfatto dai criteri utilizzati:
Earlier this week, Frankfurt-based Helaba ruled itself out of the stress test of 91 European lenders after the EBA at the last minute refused to acknowledge an improvement in the quality of its capital. (news)
"The European stress test has not contributed toward building trust in a sufficient manner," said Heinrich Haasis, head of the association of German savings banks. "Arbitrary benchmarks were applied to achieve political goals."
The Association of German Banks, which represents Deutsche Bank (DBK.FRA) and Commerzbank (CBK.FRA), said it was "not comprehensible" that Helaba's improved capital position was not fully taken into account by the EBA when it conducted the tests.
Ultima modifica:
sergiog
Forumer attivo
Io francamente, a questi prezzi, sono abbastanza tranquillo tant'è che ho incominciato ad aggiungere perpetue al portafoglio dopo aver stranamente (non indovino mai il timing) venduto quasi sui massimi.
Ieri ho preso le due Intesa (506 e 663) ed ho incrementato le Generali su cui, a queste quotazioni, metterei tutti i miei soldi non fosse contrario al sacro principio della diversificazione.
Oggi ho preso le famose 174 ed ora aspetto un pò di vedere cosa succede.
Se Generali non paga temo che avrò (avremo) ben altri problemi che non una cedola persa o perdite in conto capitale.
Ovviamente come tutti quelli reduci dal 2009 occhi ben aperti.
Saluti
Ieri ho preso le due Intesa (506 e 663) ed ho incrementato le Generali su cui, a queste quotazioni, metterei tutti i miei soldi non fosse contrario al sacro principio della diversificazione.
Oggi ho preso le famose 174 ed ora aspetto un pò di vedere cosa succede.
Se Generali non paga temo che avrò (avremo) ben altri problemi che non una cedola persa o perdite in conto capitale.
Ovviamente come tutti quelli reduci dal 2009 occhi ben aperti.
Saluti
angy2008
Forumer storico
guardando dalla nostra posizione, seppur quotati bene i pareri BlackRock mi sembrano relativamente troppo ottimisti su Belgio Ungheria e Irlanda rispetto a noi, per non parlare dell'Argentina che andrebbe messa fuori classifica per inaffidabilità.
Zorba
Bos 4 Mod
Highlights: 8 of 90 European banks fail stress test
(Reuters) - Following are highlights of the results of European bank stress tests which deemed 8 of 90 banks to have failed.
-- The European Banking Authority (EBA) says 8 banks failed stress test. The banks need to raise 2.5 billion euros ($3.5 billion) in capital, the EBA said. Five Spanish banks, two Greek banks and one Austrian bank failed the test.
-- The EBA said that of the Greek sovereign debt held by the banks tested, 67 percent was in the hands of Greek banks, German banks held 9 percent and French banks 8 percent.
-- Greece's ATEbank and Eurobank EFG failed the stress test. Eurobank said it had no need to raise capital as measures had already been taken. Austria's Volksbanken also failed, but said it would have passed the test if the sale of its VBI arm and additional capital raising measures had been taken into account.
-- The Spanish banks which failed the tests were UNNIM, CAM, Catalunya Caixa, Banco Pastor and Caja 3.
-- The EBA said that on the basis of the results, it has issued its first formal recommendation stating that national watchdogs should require banks with capital below 5 percent to "promptly remedy their capital shortfall" though this won't be enough to "address all potential vulnerabilities at this point."
-- "Therefore the EBA has also recommended that national supervisory authorities request all banks whose core Tier 1 ratio is above but close to 5 percent, and which have sizeable exposures to sovereigns under stress, to take specific steps to strengthen their capital position," the EBA said.
"These would include, where necessary, restrictions on dividends, deleveraging, issuance of fresh capital or conversion of lower quality instruments into core tier 1 capital."
-- The EBA said that taking the end of 2010 as a cut-off point, 20 banks would have capital below 5 percent over the two-year test with a total shortfall of 26.8 billion euros but the final number of test failures fell to eight because 50 billion euros of capital was raised between January and April this year
-- The EBA said it will monitor the implementation of its two recommendations and report in February and July next year.
-- Of the eight banks, one Greek bank had a ratio of2 percent, 3 Spanish banks had a ratio of 4 percent, 2 Spanish banks with ratio of just under 5 percent. One Greek bank and one Austrian bank had ratio of just under 5 percent, the EBA said.
-- Bank of Portugal says all four Portuguese banks have passed financial stress tests
-- Bank of France says French banks pass European stress tests
-- Bundesbank says no German banks fail test. German Finance Minister Schaeuble said no further measures were necessary for German banks after the stress tests.
-- Bank of Italy says all five Italian banks taking part passed by large margin. The Italian Treasury said it is committed to safeguarding the financial stability and strength of the country's banks
(Reuters) - Following are highlights of the results of European bank stress tests which deemed 8 of 90 banks to have failed.
-- The European Banking Authority (EBA) says 8 banks failed stress test. The banks need to raise 2.5 billion euros ($3.5 billion) in capital, the EBA said. Five Spanish banks, two Greek banks and one Austrian bank failed the test.
-- The EBA said that of the Greek sovereign debt held by the banks tested, 67 percent was in the hands of Greek banks, German banks held 9 percent and French banks 8 percent.
-- Greece's ATEbank and Eurobank EFG failed the stress test. Eurobank said it had no need to raise capital as measures had already been taken. Austria's Volksbanken also failed, but said it would have passed the test if the sale of its VBI arm and additional capital raising measures had been taken into account.
-- The Spanish banks which failed the tests were UNNIM, CAM, Catalunya Caixa, Banco Pastor and Caja 3.
-- The EBA said that on the basis of the results, it has issued its first formal recommendation stating that national watchdogs should require banks with capital below 5 percent to "promptly remedy their capital shortfall" though this won't be enough to "address all potential vulnerabilities at this point."
-- "Therefore the EBA has also recommended that national supervisory authorities request all banks whose core Tier 1 ratio is above but close to 5 percent, and which have sizeable exposures to sovereigns under stress, to take specific steps to strengthen their capital position," the EBA said.
"These would include, where necessary, restrictions on dividends, deleveraging, issuance of fresh capital or conversion of lower quality instruments into core tier 1 capital."
-- The EBA said that taking the end of 2010 as a cut-off point, 20 banks would have capital below 5 percent over the two-year test with a total shortfall of 26.8 billion euros but the final number of test failures fell to eight because 50 billion euros of capital was raised between January and April this year
-- The EBA said it will monitor the implementation of its two recommendations and report in February and July next year.
-- Of the eight banks, one Greek bank had a ratio of2 percent, 3 Spanish banks had a ratio of 4 percent, 2 Spanish banks with ratio of just under 5 percent. One Greek bank and one Austrian bank had ratio of just under 5 percent, the EBA said.
-- Bank of Portugal says all four Portuguese banks have passed financial stress tests
-- Bank of France says French banks pass European stress tests
-- Bundesbank says no German banks fail test. German Finance Minister Schaeuble said no further measures were necessary for German banks after the stress tests.
-- Bank of Italy says all five Italian banks taking part passed by large margin. The Italian Treasury said it is committed to safeguarding the financial stability and strength of the country's banks
Ultima modifica:
- Stato