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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'I don't think we're facing the next GFC,' UBS U.S. chief economist saysJonathan Pingle, UBS chief U.S. economist, discusses the outlook for Federal Reserve interest rate cuts and the U.S. economy.
Persons: Jonathan Pingle Organizations: UBS U.S, UBS, Federal Reserve Locations: U.S
Niger Junta Snubs U.S.-Backed Peace Mission
  + stars: | 2023-08-08 | by ( Drew Hinshaw | Benoit Faucon | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones
There are some signs that the broader $275 billion AT1 market is recovering. Reuters GraphicsLast month, Japan's Sumitomo Mitsui Financial Group (8316.T) was the first major global bank to sell AT1s since the March rout. With time, analysts expect UBS to sell AT1s aplenty to meet its capital requirements. It has a 700 million Singapore dollar ($755 million) AT1 bond repayable in November followed by a heftier $2.5 billion bond in January. RATINGS GAMEInvestor appetite for a UBS AT1 could also hinge on its future credit profile.
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