HSBC Sells First Bonds to Benefit From Bank Capital Rule Change
HSBC Holdings Plc’s $3.4 billion issue of undated 8 percent notes marks the first sale of debt securities designed to qualify as capital under current and proposed bank regulations.
Entries for the ‘Regulatory’ Category
China to let three banks trade bonds on bourses
China’s banking regulator has given three commercial lenders approval to invest in bonds listed on domestic stock exchanges, ending a 12-year ban, a report said on Wednesday.
IASB trustees allow monitoring by global regulators
The trustees overseeing the International Accounting Standards Board (IASB) have approved the creation of a group of global regulators to formally monitor the work of the London-based accounting rule maker.