The CoCo is a new financial instrument enabling banks to raise capital – and convert it into equity during future crises. Joanne Hart finds out its potential to be one of the most significant financial products, however, relies upon the right support and investor appetite.
Latest articles from Banking strategies
IPOs set to maintain positive momentum
January 31, 2011Last year was unpredictable for the IPO markets. While some deals performed badly, a lot of IPOs did well and most investors made money. Risks will remain in 2011, particularly in Europe, but emerging markets are seeing a growing share of volumes and prospects are good.
Will risk on, risk off continue into 2011?
January 28, 2011The equity markets have experienced a year of volatility, with significant increases in volume in emerging markets and declines in developed regions. However, participants expect some return to normality and stability in 2011.
The EU's first EFSM deal achieves record oversubscription
January 28, 2011The European Commission issued its first European Financial Stabilisation Mechanism deal on January 5, achieving a record oversubscription for a supranational issue.
Wataniya Mobile's IPO shows Palestine's promise
January 28, 2011The global interest in HSBC's recent IPO for Palestinian telecoms company Wataniya Mobile was not only a big success for the young telco, but also for Palestine in general, as it showed that the territory is a safe and potentially lucrative destination for capital markets.
Credit Suisse's Luigi de Vecchi on how the bank's model will deliver
January 28, 2011Credit Suisse's client-focused model may be vulnerable when client activity is down, but the bank believes that it will deliver over the cycle and is the right one for the business environment being shaped by regulators and policy-makers.
What the world's banks will be doing in 2011
January 6, 2011The past few years have been as unpredictable as they have been torrid within the banking world. Those who have survived the crisis in good health - the heads of the banks that were winners in our Bank of the Year Awards - tell The Banker of their plans and expectations for 2011. Edited by Anindita Ghosh
Making full use of a renewed investor interest in African markets
January 6, 2011New-found political stability is setting the stage for global investor interest in many African countries, and Standard Bank's debt capital markets team is leading the way. Writer Edward Russell-Walling
Q&A: Deutsche Bank on the future of cash management
January 6, 2011Paul Camp, managing director and global head of cash management, financial institutions at Deutsche Bank Global Transaction Banking, discusses how the cash management industry is coping in the aftermath of the global financial crisis, and the trends he expects to see develop in the future. Writer John Beck
M&A reshaping Middle Eastern economies
December 23, 2010A frenzy of M&A activity in the Middle East in previously unexplored territories and sectors could see the region challenging China and India's emerging economic might. Writer Hafsa Kara