Catering to Asia’s bank capital appetite

The perpetual tier-1 bond issue by Julius Baer in mid-November marks the latest example of European banks seeking Asian investor support to secure cornerstone capital bond issues.

Catering to Asia’s bank capital appetite

Julius Baer's S$450 million $317 million additional tier 1 AT1 issuance, on November 13, is just the latest development in a string of European banks securing capital from Asian Investors.

On April 9, Dutch bank ING topped up its capital base with a $2.25 billion alternative tier-1 transaction. US investors, as expected, took most the bonds. But 30% of the issue also ended up in the hands of extremely eager Asian investors....

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