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Marine Leleux ... (+3)
  • Marine Leleux
  • Maureen Schuller
  • Suvi Platerink Kosonen

Bank Brunch/Cushion spreads for bank bonds, Deutsche Bank 2026 funding...

Covered bonds: worth a look from a spread cushion perspective. Deutsche Bank: lower issuance in 2026 with the bulk still in NPS. CaixaBank earnings remain resilient. RBI's targets point to lower profitability ahead.

Marine Leleux ... (+3)
  • Marine Leleux
  • Maureen Schuller
  • Suvi Platerink Kosonen

Bank Brunch/Cushion spreads for bank bonds, Deutsche Bank 2026 funding...

Covered bonds: worth a look from a spread cushion perspective. Deutsche Bank: lower issuance in 2026 with the bulk still in NPS. CaixaBank earnings remain resilient. RBI's targets point to lower profitability ahead.

Marine Leleux ... (+3)
  • Marine Leleux
  • Maureen Schuller
  • Suvi Platerink Kosonen

Bank Brunch/Digital euro's next step, Erste Group Bank and CaixaBank 3...

Digital euro project moves to the next step. Erste Group Bank's capital swells before Santander Polska absorption. CaixaBank earnings head lower but most NII pain behind

Marine Leleux ... (+3)
  • Marine Leleux
  • Maureen Schuller
  • Suvi Platerink Kosonen

Bank Brunch/Digital euro's next step, Erste Group Bank and CaixaBank 3...

Digital euro project moves to the next step. Erste Group Bank's capital swells before Santander Polska absorption. CaixaBank earnings head lower but most NII pain behind

CaixaBank : Credit Update; Buy AT1 and Senior Preferred

CaixaBank is holding today its Ordinary General Meeting in Valencia where it transferred its registered office in October following the referendum in Catalonia and subsequent political and social unrest. Political turmoil seems abated for now; the Spanish economy has not been affected, performed well in 2017 (GDP grew 3.1%) and is expected to continue doing so in the coming years (2.8% and 2.4% GDP growth expected by ODDO BHF in 2018 and 2019 respectively). Given its strong exposures to the Span...

CaixaBank : Credit Update; Buy AT1 and Senior Preferred

CaixaBank is holding today its Ordinary General Meeting in Valencia where it transferred its registered office in October following the referendum in Catalonia and subsequent political and social unrest. Political turmoil seems abated for now; the Spanish economy has not been affected, performed well in 2017 (GDP grew 3.1%) and is expected to continue doing so in the coming years (2.8% and 2.4% GDP growth expected by ODDO BHF in 2018 and 2019 respectively). Given its strong exposures to the Span...

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