EU plans on bank resolution could hit bond investors

Investors holding uninsured bonds issued by banks in danger of failing may face haircuts or forced conversions to equity if European Commission proposals on bank resolution go ahead.

Hervé Goulletquer, head of fixed income markets research at Crédit Agricole Corporate and Investment Bank, says the plans would have a detrimental effect on investor appetite for bonds from financial institutions. “You have to consider long-term confidence, not just in terms of concerns investors may have about

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: