Obbligazioni perpetue e subordinate Tutto quello che avreste sempre voluto sapere sulle obbligazioni perpetue... - Cap. 1 (10 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
apaci2
Ad bestias
oggi Londra chiusa, pochi broker, se potete non operate
Grazie!
MRPINK
Forumer storico
Il Banco
Popolare rimbalza e guadagna oltre il 2% a Piazza Affari,
premiato dalla buona intonazione del comparto bancario
(+0,89% in Europa), dopo il -2,8% segnato venerdi', nel
giorno della pubblicazione dei conti semestrali. La societa'
ha chiuso i sei mesi con un utile netto pari a 191 milioni
di euro, in crescita del 27% rispetto allo stesso periodo
del 2010, escludendo l'effetto positivo da 286 milioni
registrato allora grazie al consolidamento fiscale di Banca
Italease. Nel trimestre l'utile si e' attestato a 131
milioni. Dopo i conti, ritenuti sostanzialmente in linea
alle attese, Intermonte ha ribadito il giudizio positivo sul
titolo, cosi' come Deutsche Bank, che ha confermato rating
hold e target price a 1,70 euro, lasciando invariate le
stime. Gli analisti della banca d'affari tedesca si
aspettano un trend positivo nel terzo trimestre per margine
di interesse e commissioni, ma sono convinti che il Banco
Popolare continui a essere esposto a una potenziale crisi
economica, che potrebbe influire sulle stime di ricavi e
accantonamenti. Tra i rischi vi sono le azioni necessarie
per migliorare il capitale o disposizioni aggiuntive in
materia da parte della banca d'Italia.
Popolare rimbalza e guadagna oltre il 2% a Piazza Affari,
premiato dalla buona intonazione del comparto bancario
(+0,89% in Europa), dopo il -2,8% segnato venerdi', nel
giorno della pubblicazione dei conti semestrali. La societa'
ha chiuso i sei mesi con un utile netto pari a 191 milioni
di euro, in crescita del 27% rispetto allo stesso periodo
del 2010, escludendo l'effetto positivo da 286 milioni
registrato allora grazie al consolidamento fiscale di Banca
Italease. Nel trimestre l'utile si e' attestato a 131
milioni. Dopo i conti, ritenuti sostanzialmente in linea
alle attese, Intermonte ha ribadito il giudizio positivo sul
titolo, cosi' come Deutsche Bank, che ha confermato rating
hold e target price a 1,70 euro, lasciando invariate le
stime. Gli analisti della banca d'affari tedesca si
aspettano un trend positivo nel terzo trimestre per margine
di interesse e commissioni, ma sono convinti che il Banco
Popolare continui a essere esposto a una potenziale crisi
economica, che potrebbe influire sulle stime di ricavi e
accantonamenti. Tra i rischi vi sono le azioni necessarie
per migliorare il capitale o disposizioni aggiuntive in
materia da parte della banca d'Italia.
claudioborghi
Twitter: @borghi_claudio
reef
...
Disgustoso
Ovviamente non mi riferisco al tuo intelligente articolo, ma al suo contenuto
PS Qualche giorno fa mi chiedevo quanti risparmiatori sono consci del valore attuale dei propri investimenti in titoli e fondi "sicuri"
Ultima modifica:
bosmeld
Forumer storico
alpha e efg
va ovviamente approfondito, ma da quel poco che ho visto in 5 minuti. sulle greche efg e alpha, c'é la remota possibilitá che continuino a pagare cedola, visto che gli arabi, prenderanno una preference share conv. con cedola 10% e penso proprio che si vorrano far pagare...
vediamo un po...
su efg invece si parla di conversione in azioni di alcune prefered share. a me non risultano convertibili. qui ho un punto interrogativo che mi rimane.
domani con calma si approfondisce.
per alpha cmq sarebbe stata meglio fusione con Nbog (parlo per i perpetualisti)
efg é piú debole di alpha. cmq notizia resta molto positiva
va ovviamente approfondito, ma da quel poco che ho visto in 5 minuti. sulle greche efg e alpha, c'é la remota possibilitá che continuino a pagare cedola, visto che gli arabi, prenderanno una preference share conv. con cedola 10% e penso proprio che si vorrano far pagare...
vediamo un po...
su efg invece si parla di conversione in azioni di alcune prefered share. a me non risultano convertibili. qui ho un punto interrogativo che mi rimane.
domani con calma si approfondisce.
per alpha cmq sarebbe stata meglio fusione con Nbog (parlo per i perpetualisti)
efg é piú debole di alpha. cmq notizia resta molto positiva
Ultima modifica:
Zorba
Bos 4 Mod
Questo e' sicuramente un'idea di un tecnico (Tremonti?). Molto scorretto.
Ma mai che una volta si accaniscano con speculatori internazionali ed evasori...
Wallygo
Forumer storico
sacrosanto il tuo articolo oltremodo i capitali sono già 'tassati' dall inflazione che ora è al 2,7%!!! speriamo che la corte dei conti o qualche altro organo dello stato legga questo articolo perchè questa riforma è palesemente incostituzionale!!!!
stordits
Forumer attivo
Brussels rules out bank recapitalisation
European Union officials on Monday insisted Europe’s banks did not need a new round of public-sector recapitalisation, arguing they had made significant progress towards shoring up their finances over the course of the last year.
Amadeu Altafaj-Tardio, spokesman for EU economic chief Olli Rehn, said the recently-completed stress tests for the banking sector showed that only a select group of banks were in need of capital injections and that national authorities were already dealing with those cases.
“European banks are much better capitalised than they were even a year ago,” Mr Altafaj said.
The Commission’s stance, likely to be repeated this afternoon when Mr Rehn appears before the European Parliament’s economic affairs committee, appeared to be a direct refutation of warnings at the weekend by Christine Lagarde, the IMF chief, who called for a forced public-sector injection of capital into Europe’s banks.
Mr Altafaj said the EU and the IMF had discussed the results of the stress tests when they were completed in June and that no government-led emergency recapitalisation programme was called for at the time.
“We’ve always preferred the private sector to come up with solutions by themselves,” he said. “National public authorities have also drawn up contingency mechanisms in case” capital cannot be raised in financial markets.
The call by Ms Lagarde, a former French finance minister, has been met with confusion in several European capitals, where officials have argued that the remarks were ill-timed, since capital levels of European banks are less of concern than their need for liquidity to run day-to-day operations.
Jean-Claude Trichet, the European Central Bank president, has insisted that liquidity concerns are overblown.
Mr Rehn and Mr Trichet are due to appear before the European Parliament on Monday afternoon alongside Jean-Claude Juncker, the Luxembourg prime minister who chairs the group of euro countries, amid mounting concerns Europe is headed towards a double-dip recession.
Although Ms Lagarde’s remarks have led to renewed hand-wringing over banks, the European Parliament is expected to focus more on whether the eurozone should issue bonds collectively backed by all 17 members of the single currency, a policy backed by several leading parliamentarians as a way to resolve the crisis more definitively.
Mr Juncker has been one of the most vocal advocates of eurobonds, arguing it would drive down borrowing costs for all eurozone members and provide a lifeline to struggling peripheral eurozone members. Mr Trichet has been opposed to their introduction, however, believing they would remove incentives for profligate countries to get their spending in line.
Mr Rehn could become a key player in the debate, since he has promised to unveil a Eurobond study as early as October, a move that could kick-start a legislative initiative on the EU level. Mr Rehn has in recent weeks shown some enthusiasm for eurobonds, but has not formally endorsed their creation.
Mr Trichet is also likely to be pressed on how long the ECB is prepared to remain a backstop for the eurozone by buying bonds of struggling countries like Spain and Italy. Purchases since last May have exceeded €100bn, but many on the ECB board – as well as in the German government – have been outspoken in their opposition to the policy.
With eurozone governments struggling to come up with a coherent solution to the eurozone crisis, Mr Trichet’s bond buying has been key to returning stability to the debt markets in recent weeks.
Mr Trichet’s comments will also be scrutinised for any sign of a change in monetary policy strategy. So far this year, the ECB has raised interest rates twice. But eurozone growth has slowed sharply and economists have scrubbed forecasts of further hikes this year – and some are speculating about cuts in official borrowing costs next year.
European Union officials on Monday insisted Europe’s banks did not need a new round of public-sector recapitalisation, arguing they had made significant progress towards shoring up their finances over the course of the last year.
Amadeu Altafaj-Tardio, spokesman for EU economic chief Olli Rehn, said the recently-completed stress tests for the banking sector showed that only a select group of banks were in need of capital injections and that national authorities were already dealing with those cases.
“European banks are much better capitalised than they were even a year ago,” Mr Altafaj said.
The Commission’s stance, likely to be repeated this afternoon when Mr Rehn appears before the European Parliament’s economic affairs committee, appeared to be a direct refutation of warnings at the weekend by Christine Lagarde, the IMF chief, who called for a forced public-sector injection of capital into Europe’s banks.
Mr Altafaj said the EU and the IMF had discussed the results of the stress tests when they were completed in June and that no government-led emergency recapitalisation programme was called for at the time.
“We’ve always preferred the private sector to come up with solutions by themselves,” he said. “National public authorities have also drawn up contingency mechanisms in case” capital cannot be raised in financial markets.
The call by Ms Lagarde, a former French finance minister, has been met with confusion in several European capitals, where officials have argued that the remarks were ill-timed, since capital levels of European banks are less of concern than their need for liquidity to run day-to-day operations.
Jean-Claude Trichet, the European Central Bank president, has insisted that liquidity concerns are overblown.
Mr Rehn and Mr Trichet are due to appear before the European Parliament on Monday afternoon alongside Jean-Claude Juncker, the Luxembourg prime minister who chairs the group of euro countries, amid mounting concerns Europe is headed towards a double-dip recession.
Although Ms Lagarde’s remarks have led to renewed hand-wringing over banks, the European Parliament is expected to focus more on whether the eurozone should issue bonds collectively backed by all 17 members of the single currency, a policy backed by several leading parliamentarians as a way to resolve the crisis more definitively.
Mr Juncker has been one of the most vocal advocates of eurobonds, arguing it would drive down borrowing costs for all eurozone members and provide a lifeline to struggling peripheral eurozone members. Mr Trichet has been opposed to their introduction, however, believing they would remove incentives for profligate countries to get their spending in line.
Mr Rehn could become a key player in the debate, since he has promised to unveil a Eurobond study as early as October, a move that could kick-start a legislative initiative on the EU level. Mr Rehn has in recent weeks shown some enthusiasm for eurobonds, but has not formally endorsed their creation.
Mr Trichet is also likely to be pressed on how long the ECB is prepared to remain a backstop for the eurozone by buying bonds of struggling countries like Spain and Italy. Purchases since last May have exceeded €100bn, but many on the ECB board – as well as in the German government – have been outspoken in their opposition to the policy.
With eurozone governments struggling to come up with a coherent solution to the eurozone crisis, Mr Trichet’s bond buying has been key to returning stability to the debt markets in recent weeks.
Mr Trichet’s comments will also be scrutinised for any sign of a change in monetary policy strategy. So far this year, the ECB has raised interest rates twice. But eurozone growth has slowed sharply and economists have scrubbed forecasts of further hikes this year – and some are speculating about cuts in official borrowing costs next year.
Zorba
Bos 4 Mod
Ci sono alcune T1 conv di Efg. Credo le abbia il socio di maggioranza, che le converte per non diluirsi troppo.
Notizie ottime
Cosi' eviterebbero pure lo Stato tra l'azionariato.Vien da pensare che il Qatar investa in Grecia e non in Italia
. Noi riusciamo solo ad attirare Gheddafi...
- Stato