Credit Agricole: tier two now instrument of choice

Author: | Published: 2 Aug 2011

Following release of the Capital Requirements Directive (CRD) 4, tier two capital is now the instrument of choice given its clarity and executability, according to Credit Agricole CIB.

Given the risk aversion in the debt markets, Steve Sahara, global head of hybrid structuring at Credit Agricole CIB in London, said investors will favour more...