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What is Limits of Private Sector Solutions For Banks: Recent UK Rights Issues about?

This paper reviews regulatory concerns prompted by the difficulties that were encountered by four British banks in making rights issues and other pro rata equity offerings. It concludes that rights issues are too cumbersome and too time-consuming swims with the mainstream of current thinking. The article contributes to the debate by considering options for change it is realistic to pursue given the confines of the existing mandatory legal framework.

Author

marcellux

Language

EN