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The future of bank hybrids is open to question
APRA is reviewing hybrid capital bonds issued by banks. This is hardly surprising since the demise of Credit Suisse showed they don't work for the purpose that they are designed, and their continued use must be questioned.
www.firstlinks.com.au
no question with me , i just avoided them since 2017
and am surprised anybody recommended them , after that , but maybe i am just naturally cynical
