Tag: European banking sector

European Financials: banking on the right stuff The whole financial sector in Europe has quite often been qualified as a disaster for equity investors since the GFC. It’s been now almost 10 years since the market bottomed in 2009, and an investor in European financial stocks during these 10 years…

Where is the truth?   Regulators on both sides of the Atlantic agreed to introduce Contingent Convertible bonds (“CoCos”) following the big financial crisis as a way to strengthen banks’ capital levels and transfer the risk of a bank failing from governments to bondholders, thus preventing taxpayer bailouts. CoCos are…