What does not kill hybrid capital makes it stronger

January 13, 2010 12:00 AM

Despite all the challenges, the subordinated bond market more than survived 2009, proving its staying power and value for financial institutions. Yet, while the horizon is looking clearer and even new instruments are being created, 2010 will not be easy as issuers brace themselves for an onslaught of new regulations. Hélène Durand reports.

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