Zorba
Bos 4 Mod
Non mi ci vedo DB/DPB prendere aiuti e skippare cedole. Dovesse succedere, mi sa che venderei tutte le P immediatamente....
Obbligazioni perpetue e subordinate Tutto quello che avreste sempre voluto sapere sulle obbligazioni perpetue... - Cap. 2 (9 lettori)
- Creatore Discussione caligola2005
- Data di Inizio
- Stato
Non mi ci vedo DB/DPB prendere aiuti e skippare cedole. Dovesse succedere, mi sa che venderei tutte le P immediatamente....
Ella
qui e ora ...
Su ARIVA.DE, dopo la chiusura, è il prezzo degli ultimi 3 min.Oggi era sempre a 56
Quando ho fatto i recenti acquisti, controllavo gli eseguiti di DB in tempo reale su ARIVA e corrispondevano. Facile cmq che le tue fonti siano più attendibili ... :sorpresa:
solenoide
Forumer storico
non scherzare che poi Mais ti bastona !
la 174 non e' tier 1 , ha solo optional deferral e cedole cumulative che generano a loro volta interessi
Zorba
Bos 4 Mod
ferdo
Utente Senior
L'anno scorso ha pagato proprio grazie ai "distributable profits", in particolare venne utilizzato uno sgravio fiscale, se non ricordo male...
Più che altro bisognerà vedere la prossima trimestrale, mi sa che hanno continuato a sbolognare assets in questo trimestre.
secondo l'ultima semestrale ne ha 943 mio nominale (808 valore di libro)
- ne ha scaricate un discreto numero
dierre
Forumer storico
non scherzare che poi Mais ti bastona !
la 174 non e' tier 1 , ha solo optional deferral e cedole cumulative che generano a loro volta interessi
scusa Sole, in quali casi si manifesterebbe?
garzie
maxolone
Forumer storico
****Estratto " Discorso di Barroso di oggi "****
A me non convince la parte che ho sottolineato qui di seguito...sembra che la sospensione di bonus e dividendi ( e quindi forse cedole delle perps ) sia da applicare al periodo della ricapitalizzazione che " dovrebbe cominciare dal momento in cui si verifica che il CT1 é sotto un determinato livello", cioé da subito...e quindi non dal momento di una richiesta di aiuto pubblico...
CHE INTERPRETAZIONE DATE ?
STRENGTHENING THE BANKING SYSTEM, NAMELY THROUGH RECAPITALISATION
Both in regulatory and financial terms huge efforts have been deployed to strengthen Europe's banks given their role in the stability and functioning of our economy. Banks have also considerably improved the quality and quantity of their capital base.
The EU has overhauled the way banks are supervised and has taken legislative measures to increase the amounts of regulatory capital banks have to hold, to address risky resecuritisation operations, to ensure remuneration policies do not encourage excessive risk, and to increase protection of citizens' bank deposits up to a present threshold of €100 000. Swift adoption of CRD IV will establish a robust capital ratio for banks and implement the Basel III standards.
Ongoing uncertainty in the sovereign debt markets has led to increasing volatility and is putting the banking sector under mounting pressure. For the foreseeable future, efforts need to focus on facilitating banks' access to term liquidity in particular restoring long term liquidityin the sector, accompanied by steps to strengthen the capital of banks that need it.
To restore confidence in the EU banking sector, a coordinated, targeted recapitalisation effort is needed, in conjunction with the other elements of this strategy. This requires the combined efforts of Member States, the European Banking Authority (EBA) and the European Central
Bank alongside the Commission.
A bank recapitalisation strategy following the work of the EBA should include the following elements:
• Covering all potentially systemic banks across all Member States – i.e. the banks that were covered by EBA's July 2011 stress tests, excluding some
smaller domestic banks with no international activities.
• Accounting for all exposures to EU sovereign debt of the banks concerned (prudent valuation of all sovereign debt, whether in the banking book or the trading book) to ensure full transparency on asset quality.
• Requiring a temporary significantly higher capital ratio of highest quality
capital after accounting for exposure. The definition of capital broadly equates to the definition set out by the Basel III international agreement for attainment in 2015.
• Banks that do not retain the necessary capital should present recapitalisation plans and implement them as swiftly as possible. In practical terms, national supervisors should set these requirements through their existing supervisory powers in the form of additional buffers which prevent the distribution of dividends or bonuses pending the recapitalisation.
• Banks should first use private sources of capital, including through
restructuring and conversion of debt to equity instruments. If necessary the national government should provide support, and if this support is not
available, recapitalisation should be funded via a loan from the EFSF. Any
recapitalisation from public sources should be compatible with the EU state aid rules. The Commission intends to extend the applicability of the existing state aid framework for bank support beyond 2011.
A me non convince la parte che ho sottolineato qui di seguito...sembra che la sospensione di bonus e dividendi ( e quindi forse cedole delle perps ) sia da applicare al periodo della ricapitalizzazione che " dovrebbe cominciare dal momento in cui si verifica che il CT1 é sotto un determinato livello", cioé da subito...e quindi non dal momento di una richiesta di aiuto pubblico...
CHE INTERPRETAZIONE DATE ?
STRENGTHENING THE BANKING SYSTEM, NAMELY THROUGH RECAPITALISATION
Both in regulatory and financial terms huge efforts have been deployed to strengthen Europe's banks given their role in the stability and functioning of our economy. Banks have also considerably improved the quality and quantity of their capital base.
The EU has overhauled the way banks are supervised and has taken legislative measures to increase the amounts of regulatory capital banks have to hold, to address risky resecuritisation operations, to ensure remuneration policies do not encourage excessive risk, and to increase protection of citizens' bank deposits up to a present threshold of €100 000. Swift adoption of CRD IV will establish a robust capital ratio for banks and implement the Basel III standards.
Ongoing uncertainty in the sovereign debt markets has led to increasing volatility and is putting the banking sector under mounting pressure. For the foreseeable future, efforts need to focus on facilitating banks' access to term liquidity in particular restoring long term liquidityin the sector, accompanied by steps to strengthen the capital of banks that need it.
To restore confidence in the EU banking sector, a coordinated, targeted recapitalisation effort is needed, in conjunction with the other elements of this strategy. This requires the combined efforts of Member States, the European Banking Authority (EBA) and the European Central
Bank alongside the Commission.
A bank recapitalisation strategy following the work of the EBA should include the following elements:
• Covering all potentially systemic banks across all Member States – i.e. the banks that were covered by EBA's July 2011 stress tests, excluding some
smaller domestic banks with no international activities.
• Accounting for all exposures to EU sovereign debt of the banks concerned (prudent valuation of all sovereign debt, whether in the banking book or the trading book) to ensure full transparency on asset quality.
• Requiring a temporary significantly higher capital ratio of highest quality
capital after accounting for exposure. The definition of capital broadly equates to the definition set out by the Basel III international agreement for attainment in 2015.
• Banks that do not retain the necessary capital should present recapitalisation plans and implement them as swiftly as possible. In practical terms, national supervisors should set these requirements through their existing supervisory powers in the form of additional buffers which prevent the distribution of dividends or bonuses pending the recapitalisation.
• Banks should first use private sources of capital, including through
restructuring and conversion of debt to equity instruments. If necessary the national government should provide support, and if this support is not
available, recapitalisation should be funded via a loan from the EFSF. Any
recapitalisation from public sources should be compatible with the EU state aid rules. The Commission intends to extend the applicability of the existing state aid framework for bank support beyond 2011.
Ella
qui e ora ...
Ma perchè se entri adesso dà 57,75 ?
solenoide
Forumer storico
Ciao,
cosi' al volo vedo due sole condizioni per l'optional deferral :
l'assemblea degli azionisti che precede lo stacco cedola non ha deliberato dividendo azionario
intervento dell'autorita' di controllo per ripristinare il solvency margin
- Stato