ALLIANCEBERNSTEIN HOLDING L.P. The COVID-19 pandemic looked set to batter the world's banks-and yet banks' balance sheets are now the strongest they've been since the global financial crisis (GFC). That surprising outcome is particularly good news for investors in subordinated bank debt.
Post GFC, regulators globally forced a reboot of bank balance sheets through stricter solvency requirements. Now, almost 15 years later, bank fundamentals have risen to peak levels (Display).
Post GFC, regulators globally forced a reboot of bank balance sheets through stricter solvency requirements. Now, almost 15 years later, bank fundamentals have risen to peak levels (Display).
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AllianceBernstein Holding LP published this content on 23 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 January 2022 15:23:00 UTC.
