European Banks Dump Massive Amounts of Subordinated Debt on Investors

Banks have taken advantage of yield-chasing investors to issue $90.7bn of subordinated debt for the year to date, a 41 per cent increase compared to the same period in 2012. It is the highest such volume since the $122.4bn seen in 2008 according to Dealogic, the data provider.

Read more »

…until there is noone else left to steal from in order to stabilize their bubbles.


About lightsigns
Pointing my finger on the brighter spots. We win, and winning is fun.

Comments are closed.

%d bloggers like this: