Bank of England confirms AT1 bondholders priority over shareholders as it proclaims UK banks 'safe and sound'
@cityam - 2023-03-20T14:40:00.000Z

The Bank of England confirmed the pecking order in which investors would be paid out if a bank went bust as it sought to reassure markets about the stability of the UK’s financial system.  In a statement released today, the UK central bank confirmed that alternative tier 1 (AT1) bondholders would be prioritised over shareholders [] Read this story