4 ms·
I think that people have been using the book value as of 31 Dec 2022. Probably lower now. The equity was trading around 9 billion on Friday, but traders could h
by scott00 4y ago
I think that people have been using the book value as of 31 Dec 2022. Probably lower now. The equity was trading around 9 billion on Friday, but traders could have been pricing in the assumption that the AT1s were getting written down even if it hadn't been officially decided.