IAG CPS: Rotten tomatoes with Basel

More debt-like returns for equity-like financing. Gareth Brown explains how IAG’s ordinary shares offer higher potential returns for little additional risk.

After the Global Financial Crisis of 2008/09, regulators around the world vowed not to let it happen again. They knew that Basel I and II were duds. Basel III needed to be a blockbuster to avert the next crisis.

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