Following up on my post of some days ago on Europe’s efforts to harmonise bank capital, it dawned upon me that this harmonisation plan will probably not go well. Today, Danièle Nouy confirmed there will be a consultation on ECB’s efforts to harmonise Options and National Discretions (ONDs) in the CRR. Consultation, consultation, consultation. Mind… Read More Good luck harmonising European bank capital!
Cetier is happy today, knowing that the three EU financial market regulators read his post on Convertible Capital (CoCo hurdles). They read it many times and concluded he was right. Or maybe they read the post on Matt Kimball’s site, or the post on Pieria. Whichever post they read, they all originated from my keyboard,… Read More Told you so! EU regulators warn against selling coco’s to retail investors.