Report
Carine Maciol

Bank : 2022, Game Over?

The grandfathering period, implemented in 2013 with CRD IV/CRR II rules, ended on 31 December 2021. Legacy bonds that benefited from this period either remain qualified for regulatory capital (in the Tier 2 bucket and/or MREL) or are disqualified. - In either situation, banks are not formally obliged to call in/redeem the instruments. - In addition, the EBA issued an Opinion clarifying the regulator's recommendations and the procedure to follow. - So, naturally, since the November 2...
Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Carine Maciol

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