All Financial Institutions (FIG) Modules
- Insurance Regulation Solvency II
- Insurance Forecasting and Valuation
- Insurance Company Accounting
- Bank Capital Hybrids
- Bank Analysis and Valuation in the Current Crisis
- Bank Transaction Analysis
- Bank Forecasting and Valuation - Advanced Topics
- Bank Forecasting & Valuation
- Bank Accounting
- Regulatory Capital and Economic Capital
Financial Training Courses
Bank Capital Hybrids
- Categorized in: Financial Institutions (FIG)
This course looks at:
- Hybrids and regulators’ perspective
- Hybrids and rating agencies’ perspective
- Hybrids features and modelling
- Hybrids and the credit crunch
Hybrids and regulators’ perspective
- Standard & Poor’s vs. Moody’s vs. Fitch
- Conditions and recognition of equity content
- Similarities and differences
Hybrids features and modelling
- Structuring for tax reasons
- Step-ups
- Cash/non-cash incentives to redeem
- Deferral triggers
- Mandatory/optional conversion into equity and dilution impact
- Forecasting capital ratios
- Forecasting potential for hybrids issuance given target capital structure
Hybrids and the credit crunch
- Issuing hybrids to raise capital from sovereign wealth funds at onset of crisis
- Hybrids vs. Straight equity issues
- Role of hybrids in expected state-funded recapitalisation of banks
- Protecting taxpayers’ money & offering upside




