PiSight BLOG

A fool’s guide to TLAC

A fool’s guide to TLAC

Recently, there has been a raft of regulatory consultations and standards that deal with issuance of debt that qualify as capital during stress. To understand this better from a commoner perspective, let us revisit what happened about a decade back. The financial crisis of 2007/2008 was the largest and most severe financial event since the Great Depression and reshaped the world of finance and investment banking. Post Lehman bankruptcy, the Government in many countries had

Read More