Analysis | European Banks Are Playing Fast and Loose With Their Riskiest Debt
Briefly

To call or not to call, that used to be the question for European banks deciding whether to refinance their riskiest debt in a tussle between pleasing investors or satisfying regulators.But there might be a compromise available.Rising interest rates and widening credit spreads over government debt are posing refunding problems for some of Europe's smaller banks.
Read at Washington Post
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