Rabobank has taken contingent capital in a bold new direction, eschewing conversion into equity-like instruments for an automatic writedown. But without any regulatory benefit, it is not entirely clear what's in it for the Dutch bank. read more »
Strong bond supply from Russian borrowers this year raises the likelihood of the country’s revival in the global capital markets after meagre issuance levels in 2009. It may not hit the pre-crisis heights of 2007 but encouragingly Russia’s international comeback has started without the long awaited bond from the sovereign. read more »
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Asian Review of the Year 2009 and Outlook 2010
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