Deutsche Bank and Standard Chartered issue lower tier 2 paper

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June saw the reopening of the subordinated bond market for financial institutions in both Asia and Europe, with two names considered among the strongest in the sector, Deutsche Bank and Standard Chartered, issuing from either side of the world.

Subordinated debt issuance from the financial sector has remained sluggish throughout this year, with issuers left confused about whether tougher requirements for tier 1 and tier 2 capital expected for Basel III will be post-dated for deals made before th

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