How are Bankers Paid?

Bank executive incentives and compensation have been in the spotlight since the 2007-2009 financial crisis. Some claim that there was a corporate...Read more

Benjamin Bennett
Anjan Thakor
31 March 2020



Are CoCo bonds better than common equity as capital for financial stability?

Bailout Blues: The Write-Down of the AT1 Bonds in the Credit Suisse Bailout

Financial institution innovation needed in Silicon Valley (and elsewhere)

Banks should issue more CoCos and their design needs to be further refined

Systemic disruption in the banking industry

CoCo Bonds: Are They Debt or Equity? Do They Help Financial Stability? — Lessons from Credit Suisse NT1 Bonds