Posts Tagged ‘
ECNs
’Let there be light … pools
You’ve heard of dark pools, right?
Well meet their opposite. On Tuesday, Credit Suisse announced it was launching a ‘light pool’ aimed at institutional investors wary of the shadowy, murky dark.
Or,
Strong demand for Lloyds’ hybrid debt
Lloyds Banking Group is to issue £7bn in enhanced capital notes, a new form of hybrid debt, it announced on Monday, as the first part of its plans for a £22.5bn capital raising. The group also increased the amount it hopes to raise from US investors in the hybrid debt to $986m from $800m.
