Explainer: What are AT1 bonds and why are Credit Suisse’s wiped out?

[ad_1] LONDON, March 24 (Reuters) – Financial markets have been thrown a fresh curve ball by the decision to write down 16 billion Swiss francs ($17.5 billion) of Credit Suisse…

SoftBank Corp raises $800 mln through Japan’s first listing of bond-type shares

[ad_1] SoftBank Corp’s incoming Chief Executive Officer Junichi Miyakawa attends a news conference in Tokyo, Japan, February 4, 2021. REUTERS/Kim Kyung-Hoon/File Photo Acquire Licensing Rights TOKYO, Nov 2 (Reuters) –…

Banking turmoil backs case for ‘final mile’ of Basel capital rules, says watchdog

[ad_1] De Cos: rules will not mean significantly more capital De Cos: AT1 instruments may need more transparency LONDON, Oct 13 (Reuters) – Banking turmoil this year provides justification for…

Chinese EV maker Nio raises $1 bln in convertible bond deal

[ad_1] An NIO ET7 car model is presented at the NIO House, the showroom of the Chinese premium smart electric vehicle manufacture NIO Inc. in Berlin, Germany August 17, 2023.…

Former Elliott portfolio manager Markel to launch fund -sources

[ad_1] LONDON, Sept 14 (Reuters) – Former Elliott Investment Management portfolio manager Leo Markel will launch a London-based fund called Finch Bay Capital in the first quarter of 2024 and…

Silver Lake to buy Germany’s Software AG in $2.42 billion deal

[ad_1] April 22 (Reuters) – Private-equity firm Silver Lake has offered to buy Software AG (SOWGn.DE) in a deal that values the German business software developer at 2.2 billion euros…