Leifbridge Podcast
AT1 Capital and Bank Capital Structure Challenges
UBS is currently in the market, seeking to secure Additional Tier 1 Capital. However, it’s worth noting that just half a year ago, the failure of its recent rival, Credit Suisse, resulted in investors suffering losses exceeding $17 billion from written-off AT1 “CoCo” bonds.
In the latest podcast, Strategist Bill Blain from Shard Capital, CIO Mike Hollings from LeifBridge and esteemed guest, Killian Fitzgerald, Portfolio Manager from Rubrics Asset Management, delve into the outlook for financial institutions and their capital. They pose the following question:
Is it a prudent choice to invest in banks within the current market environment?