Obbligazioni perpetue e subordinate Tutto quello che avreste sempre voluto sapere sulle obbligazioni perpetue... - Cap. 2 (19 lettori)

[bosmeld]

banco popolare

Il Banco Popolare prosegue nel percorso di rafforzamento dei propri ratio patrimoniali:

Il Core Tier 1 ratio sale nel trimestre dal 7,1% al 7,4%

La gestione esprime risultati positivi a livello di ogni aggregato:

Margine di interesse a 471 milioni: +5,5% rispetto al 31/03/11 e +2,8% rispetto al quarto trimestre 2011;

Commissioni nette a 337 milioni: +0,7% rispetto al 31/03/11 e +10,6% rispetto al quarto trimestre 2011;

Risultato finanziario al netto dell’impatto conseguente alla variazione del proprio merito creditizio (FVO) a 283 milioni in crescita del 55,4% rispetto al 31/3/11 e del 236,3% rispetto al quarto trimestre 2011 anche grazie agli utili realizzati con l’operazione di buy back dei propri strumenti di capitale;

Oneri operativi a 589 milioni in calo dell’1,7% sul 31/03/2011 e dell’1,6% rispetto al quarto trimestre 2011;

Dopo aver rilevato rettifiche di valore ed accantonamenti in parte straordinari per un totale di 285 milioni (203 milioni nel primo trimestre 2011) il risultato lordo dell’operatività corrente al netto dell’FVO è pari a 233 milioni ed evidenzia un incremento del 3,8% rapportato al primo trimestre 2011.

Utile netto consolidato pari a 103 milioni escludendo l’impatto netto negativo delle variazioni del proprio merito creditizio (-212 milioni)

Risultato netto contabile comprensivo delle variazioni del proprio merito creditizio negativo per 109 milioni.

 

[cris71]

mah......se andiamo avanti così ...la liquidità conviene metterla sotto un meterasso...se arriva un'altro ennesimo cigno nero......non so se se si risale........qui oramai siamo nelle sabbie mobili..come fai per risalire CI affondono ancora DI PIù....

fino ad oggi la mia scelta di switchare la quasi totalità dei miei perpetual dal settore bancario ed assicurativo ad altri campi ( henkel , bayer, arcelormittal, thyssenkrupp e cosi via , tanto per capirci) mi "sembra" premiante ...ripeto sino ad oggi.
scusate per questa mia piccola riflessione personale ...

 

[wartburg_12]

fino ad oggi la mia scelta di switchare la quasi totalità dei miei perpetual dal settore bancario ed assicurativo ad altri campi ( henkel , bayer, arcelormittal, thyssenkrupp e cosi via , tanto per capirci) mi "sembra" premiante ...ripeto sino ad oggi.
scusate per questa mia piccola riflessione personale ...

Tra le (poche) che sto guardando c'è Solvay : XS0254808214
.... però è ancora un pò cara, secondo me

Bayer l'ho avuta per un pò e poi l'ho venduta , guadagnandoci ... con il senno del poi però era meglio se la tenevo

Adesso guardo, per curiosità, se ci sono perp. della BAT o di altre industrie del tabacco ...

 

[argotone]

fino ad oggi la mia scelta di switchare la quasi totalità dei miei perpetual dal settore bancario ed assicurativo ad altri campi ( henkel , bayer, arcelormittal, thyssenkrupp e cosi via , tanto per capirci) mi "sembra" premiante ...ripeto sino ad oggi.
scusate per questa mia piccola riflessione personale ...

concordo ...sono titoli che nei periodi di panico tengono veramente bene nonostante siano dei tier1. Alla lista aggiungo Vattenfall, linde e wolters kluver

 

[bia06]

usd o eur

EUR 848 million dollars is paid to the Dutch State: EUR565 million in capital support that the company received in 2008, plus a redemption premium of 50%.

Non capisco se gli 848 sono Dollari o Euro?

sia l'azione che le perp ne risentono....

Articolo con traduzione googlata da beurs.nl:

SNS is counting on additional requirements in Brussels late repayment State
Tuesday, May 15, 2012 2:23 p.m.
AMSTERDAM (Dow Jones) - SNS REAAL NV (SR.AE) has a half years to the remaining aid to be repaid before the European commissioner for competition to re-evaluate the matter. In that case, additional measures may be expected, says board chairman Ronald Latenstein Tuesday.
In the current climate it is becoming harder by the deadline of the end of 2013 it shall inform Latenstein. In that case, this Netherlands must report to the European Commission, and that a firm will still look at the case, says the CEO.
He expects the European supervisor will then make additional requirements, but do not want to anticipate. "It depends on how the committee assesses the case at that time," says Latenstein. "I do not know what measures it would go," he adds.
SNS has yet to EUR848 million dollars is paid to the Dutch State: EUR565 million in capital support that the company received in 2008, plus a redemption premium of 50%.
In response to the received state SNS has already undertaken several steps to the commissioner, including the reduction of the risky portfolio with international project finance and cost reduction program, alongside other measures to the capital position and financial management to improve.
Unlike the ING Group (INGA.AE), which calls itself the European Commission to chop up into pieces after the group on two occasions many billions needed support, did the SNS business model does not fundamentally change because the state SNS was assessed as relatively light.
SNS reported Tuesday morning to continue to seek opportunities to further strengthen the solvency, to "appropriate time" the remaining aid to pay off.
Analysts wonder if the company succeeds in there in time, now it must first meet higher capital requirements, and struggling with troubled financial markets and a worsening economic climate.
During a conference call with analysts CEO Latenstein SNS says further that the EUR700 million capital program to free up already 87% completed.
The bank will continue with the sale of SME loans, even after the target for that part of the capital program is achieved, says Latenstein.
On the other hand expects the CEO in the current market no major contribution from the sale of small blocks of insurance - also part of the program. There are too few buyers for these assets, says Latenstein, and few buyers with cash.
SNS does not consider core assets, says Latenstein in response to a question from an analyst.
Chief Financial Officer Ference Lamp confirmed during the telephone call with analysts that further pressure on the Dutch property market seems to be continuing this year. While the provision for bad real estate loans in other countries are now in decline, the bank expects that the impairments in the Dutch part of the portfolio at a relatively high level will continue. The total impairment charges on loans of the problem component Property Finance in the first quarter remained at a similar level to last year, with EUR64 million.
The credit limits on the portfolio of Property Finance in the first quarter fell to EUR5, 3 billion, of EUR5, 5 billion late last year. Of the outstanding loans is 37.5% foreign and the rest Dutch. The credit limits of SNS Business, including SME loans were reduced with EUR0, 3 billion to EUR5, 4 billion.
SNS was the leader in the Dutch market for project financing the acquisition of Property Finance, the former Fund, in 2006.
The company had since the credit crisis first to write many hundreds of millions on its international portfolio with real estate loans, and now also suffers from severe weather at the Dutch property market, which includes struggling with high vacancy in the office.

 

[bia06]

landsb

Questa in chf è una senior?
grazie

presa ieri rbs XS0205935470 a 58,25
gfw xs0237509293 a 63,8
lt2 bay.landesb in chf

 

[zeta59]

mah......se andiamo avanti così ...la liquidità conviene metterla sotto un meterasso...se arriva un'altro ennesimo cigno nero......non so se se si risale........qui oramai siamo nelle sabbie mobili..come fai per risalire CI affondono ancora DI PIù....

Come non concordare , resto dell'opinione che dietro c'è un disegno ben preciso per affondare l' euro , per cui ogni manovra di eurolandia viene vanificata nel giro di pochi mesi se non settimane.

 

[Massimum]

Questa in chf è una senior?
grazie

Dovrebbe essere LT2

 

[Rottweiler]

I ministri delle finanze europee segnano un progresso nell'applicazione di Basilea 3:

Factobox: EU finalizing tougher bank capital rules

LONDON | Tue May 15, 2012 6:42am EDT
(Reuters) - European Union countries and the EU Parliament are approving a law to make banks hold more capital so they can withstand shocks without taxpayer bailouts again.
It turns Basel III, a global bank capital accord, into EU law for implementation from 2013.

Parliament's economic affairs committee held a vote on Monday. Finance ministers from EU states meet on Tuesday to hammer out their position.

Both sides will then meet to thrash out a final law.

WHAT THEY AGREE ON

Basel III's basic requirement that all banks have a capital buffer equivalent to 7 percent of risk-weighted assets.

The need for liquidity buffers made up of government bonds and other assets that can be tapped quickly when a bank faces a sudden funding squeeze.

A leverage ratio to curb excessive lending.

Individual countries should be allowed to force local banks to hold buffers above the Basel minimum because the bank sector is big relative to the economy.

KEY DIFFERENCES

Bonus cap: Parliament has inserted a rule to cap a banker's bonus at no more than their fixed salary. Such a curb has not been discussed by member states.

Parliament says profit derived from using cheap loans from the European Central Bank cannot be used to calculate bonuses. This is absent from member states' discussions.

Systemic risk buffer: The world's top economies have agreed that the 28 biggest banks, such as BNP Paribas, Deutsche Bank and HSBC, must hold up to 2.5 percent more capital than the Basel minimum. Parliament has inserted this accord into its text, a step EU states have yet to take.

Extra buffers: EU states, such as Britain, want national discretion to top up minimum capital buffers to 10 percent or more when they want. The European Parliament will allow this on condition the European Commission, European Systemic Risk Board and the European Banking Authority check if this is justified.

Liquidity buffer: Parliament has inserted more flexibility into what banks must hold in liquidity buffers than currently allowed under Basel III.

Bancassurers: Given more flexibility by parliament over capital than under Basel III.

Shadow banking: Parliament has inserted a rule that will restrict to 25 percent a bank's exposure to any less regulated so-called "shadow bank" that handles credit.

Small businesses: Parliament has proposed banks can set aside 30 percent less capital to cover loans to small companies than required under Basel III, to help the sector.

Trade finance: Parliament has voted through lower capital requirements on trade finance than allowed under Basel III.

WHAT HAPPENS NEXT?

EU states and parliament will start negotiations on a final text that will come into force by January, in line with the Basel accord.

WHAT ELSE IS IN THE WORKS?

The EU's executive European Commission was due to present a draft law on winding down ailing cross-border banks without causing widespread market disruption.

A group led by Finnish central bank chief Erkki Liikanen will report this summer on whether structural reforms are also needed to make banks in the EU safer.

The EC was expected to put forward draft rules in 2013 for regulating shadow banks, based on work being completed by the G20.

 

[fabriziof]

Dovrebbe essere LT2

confermo .taglio min.5000 chf