“The Relative Role of Debt in Bank Resiliency and Resolvability”- Remarks by FDIC Vice Chairman Thomas M. Hoenig. Presented to the Peterson Institute for International Economics, Washington, DC. January 20, 2016 Introduction In the bankruptcy reorganization of a failed commercial business, the conversion of debt into equity or some revised debt instrument is often the...
Global Results 2014 Results stated in US dollars REVENUE 2,540 2,313 2,270 2,104 1.200 FY11 67 PROFIT 910m PPP 1.29m FY12 FY13 FY14 The leading cross-border transactions ï¬rm Revenue by region 26% FY10 AP 38% EMEA 71 FY12 New in FY14 Dubai, UAE (7/2013) Yangon, Myanmar (2/2014) Brisbane, Australia 36% Americas (announced FY15) 35 Appointments to global...