New Rules for Global Banks to Benefit Taiwanese Yield Hunters

September 9, 2016 8:09 AM

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Taiwanese life insurers facing pressure to deliver returns are getting a boost from bank bond offerings encouraged by global regulators.

HSBC Holdings Plc sold $2 billion of notes this week in Taiwan to yield 4 percent under new requirements known as total loss-absorbing capacity, or TLAC, devised by the cross-border Financial Stability Board to prevent future government bailouts of financial institutions. That’s higher than yields o...

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