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19 February 2026
Bloomberg Editorial Board: If Europe Wants to Simplify Bank Rules, Here’s How
- The EU's regulators introduced additional tier-one securities, or AT1s, after the 2008 financial crisis, but they haven't served their purpose and have eroded equity when it's most needed.
- The ECB suggests replacing AT1s with old-fashioned equity, which would make the EU's banking system...
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