Simon McGeary


Last quote by Simon McGeary

It needed to cater for all, from banks that have large deposit bases to those that are heavily reliant on wholesale funding. It is not completely harmonised and there will still be some divergence in Europe, but it does get everyone a bit more on the same
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Nov 25 2016
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Simon McGeary is associated, including EU, MDA, and at1. Most recently, Simon McGeary has been quoted saying: “The split between Pillar 2 guidance and requirement is the most meaningful but that was flagged in the summer. The priority given to AT1 coupon payment is not as important as the Pillar 2 split, as it only applies when banks have breached their MDA, at which point profit may be zero anyway. It is helpful at the margin and helps reinforce the notion that the EU is trying to be more supportive of the AT1 market.” in the article Victory for AT1 as EC rubber-stamps coupon preference.
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Quotes by Simon McGeary

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