21st February 2019

Danske Bank AT1: Mispriced for extension risk? | Trade Ideas

Danske Bank – The money laundering saga continues  Danske Bank continues to be in the headlines with the ongoing money laundering scandal at its Estonian unit.   The bank’s shares have tumbled more than 50%+ in the last 12 months on uncertainty surrounding overall litigation and remedial costs. The bank’s 2018 annual results do indicate the strength of […]
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GJ Prasad

A senior European bank research specialist with significant breadth/in-depth sector knowledge, GJ has researched bank capital instruments extensively - having covered the asset class for more than 15 years as an analyst and 7 years as a risk taker in buy-side roles. His specialisation includes carrying out detailed financial modelling work on the European banks focusing on asset quality, earnings and capital adequacy metrics. His deep-dive work focuses on single name selection and extensive risk analysis on capital securities, especially on structural features, issuer credit profile and equity/AT1 valuation.

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