Report
Bank : AT1/MDA – Autumn update
As September approaches, following the release of banks’ Q2 results during the summer lull, it seemed to us worthwhile to issue a fresh update on MDA levels and the AT1 market more generally. - In our previous report, we advised investors to exercise caution towards this market segment following its rapid repricing at a time when the Q2 reporting season was approaching and the revision of the CRR II was a source of uncertainty. In the end, Q2 results were marked by high provisions...
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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.
Carine Maciol
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