Hints and tips:
...Ringfencing was introduced in response to the last financial crisis to protect taxpayers from having to bail out banks again. “My personal view is ringfencing is there for a reason....
...Court filings published on Monday showed Trump’s lawyers had agreed to bail terms with the Fulton County district attorney, including a $200,000 bond and a pledge not to intimidate witnesses....
...And now, you know, 22 days into her premiership, it is doing it again to bail her out. It also makes it look like the bank is having to bail out the government for making a mess....
...and market manipulation before being released on bail....
...The entrepreneur, who is out on bail after lodging a £10m bond with the UK courts, denies any wrongdoing....
...Most investors “just aren’t prepared” for surging bond yields, according to Cole Smead, president of Smead Capital Management....
...That year, the company exhibited at Jim Mellon’s Master Investor conference, where it said investors had the opportunity to receive a ” 7 per cent return on a fully secure bond”....
...Other activists have targeted the private equity backers of prison-related companies, such as a bail-bond provider financed by private equity firm Endeavour Capital and a prison telephone company owned by...
...The Tokyo District Court quickly rejected a request from his lawyers seeking his release on bail. What’s next?...
...As part of his bail conditions, the deposed president and his four officials will have to appear in person....
...Senior bonds in the banks surged on Monday after Rome shielded holders, who have the highest priority for repayment, from losses as part of the plan....
...market, the recent leg-up in bond yields has plainly been driven by real yields....
...While shareholders in Popular lost everything and its €2bn in junior bonds were wiped out, there has been little sign of contagion in either equity or debt markets....
...Its offer, a symbolical €1 plus a bail-in of the holders of €2bn in junior bonds that effectively wiped them out, was within the range set by the independent advisers to the European authorities....
...The bonds did not give Italy much of a choice....
...The head of the eurozone’s bail-out fund expects Greece to return to debt markets “well before” the end of its economic rescue programme in August 2018....
...out big private lender (FT) Aggressive term in Stada bond sale causes outcry (FT) Sun Trading up for sale as sector struggles with low volatility (FT) Texas endowment hits brakes on PE as valuations...
...One area the EU will closely scrutinise is the application of “bail-in” rules. According to the Italian plan, equity holders will be heavily diluted but not wiped out entirely....
...Additional reporting by Jim Brunsden in Brussels...
...At the end of last year, Portugal’s central bank wrote down around €2bn of senior bonds at Novo Banco, the new lender that emerged from the 2014 failure of Banco Espírito Santo....
...All have played key roles in a resurgence of advisory work at the firm, which – like many across Wall Street – has suffered patchy performance from its core bond-trading division....
...The official added that risk mitigation for the banking system had already been achieved through tough new bank “bail-in” rules....
...banks in Italy also took a hit after they were rescued in a November “bail-in” deal....
...The overall effect — from the additional cost of selling bail-in bonds to the broader regulatory burden — is likely to be a jolt to the banking sector, further undermining lenders’ ability to focus on their...
...“It is clear that if adopted [a bail-in] would become a legal minefield that could affect the sector’s overall stability,” the banker said....
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