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Bank bonds have returned 8.1% in 2012, beating the fixed income offerings of the rest of U.S....

  • Wednesday, July 11, 2012, 12:17 PM ET
    Bank bonds have returned 8.1% in 2012, beating the fixed income offerings of the rest of U.S. industry, according to BAML. The paper's popularity may show U.S. regulators have succeeded in creating solidly-capitalized institutions (FITB today became the latest to redeem preferred shares) - great for bondholders, but for stockholders maybe a different story.
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This news story has 3 comments:

  •  
    Congratulations to 5/3. This has to be a positive, showing that 5/3 continues to dig itself out from a very deep hole. Still has a ways to go to insure confidence with it's owners.
    11 Jul 2012, 12:39 PM Reply Like
  •  
    The whole point was to save the banking system not the equity investors...
    11 Jul 2012, 12:42 PM Reply Like
  •  
    It would seem to me that the equity holders would be better off if FITB no longer needs to pay the high rate on the preferred issues. Is there a FITB non-callable preferred out there?
    11 Jul 2012, 05:08 PM Reply Like
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