Investors in a key piece of bank capital were left puzzled after the European Central Bank proposed changing the market without explaining how. The idea to make so-called AT1 bonds more like equity ...

The European Central Bank proposed changing the design of a type of deeply subordinated bond issued by lenders to ensure it can absorb losses before banks fail. Enhancing the features of additional ...

Simply sign up to the European banks myFT Digest -- delivered directly to your inbox. Europe’s top banking regulator is considering abolishing a key layer of bank capital that was introduced in the ...

The Mach 1 up for auction dates back to the variant’s third year of production. It was given to its original (and so far only) owner for their 21 st birthday, and they did a fantastic job specing ...

Many companies, from established manufacturers to specialized EV makers and innovative startups, are dipping their toes into the fast-growing electric motorcycle market. Even Russia's state-owned ...

The Mustangs of the early 1970s have been underrated for years. This one shows how desirable they can be. It's optioned impeccably, with the fastback body style, a 351-cubic-inch V-8, a manual gearbox ...

The administrator of Yes Bank on Tuesday defended before the Supreme Court the bank's 2020 decision to write down the lender’s additional tier-1 (AT1) bonds, saying that the move was legally valid and ...

ZURICH, Dec 4 (Reuters) - A group of Japanese investors has sued Switzerland over write-downs of Additional Tier 1 (AT1) hybrid bonds of fallen lender Credit Suisse, law firm Drew & Napier, which ...

The Supreme Court is scheduled to hear petitions challenging a 2023 Bombay High Court ruling that struck down Yes Bank’s decision to write off AT1 bonds in March 2020. The write-off occurred during a ...

The American Motorcyclist Association announced that the AMA U.S. Hard Enduro Series — now, the AMA National Hard Enduro Championship — will be a national championship series starting in 2026. (Photo: ...