The first rumblings of the NVCC rules for bank capital, which would have a dramatic effect on the preferred share market, were heard in January of 2011. Here’s the first PrefLetter discussion of the potential effects:
Look for the research link!
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[…] NVCC rules for bank capital, which would have a dramatic effect on the preferred share market, were first discussed in PrefLetter in January of 2011. When the official approach became known the following month, there was much more to […]