Heshllama

[Heshllama @heshllama]

@MtDewSocialiteX Personally I will never understand the dirty martini with additional funky ingredients. Perhaps because I'm a gin twist man who has a Gibson if he needs a bar snack

[Heshllama @heshllama]

@yashar Mo' minors, mo' problems

[Heshllama @heshllama]

@buntz_ My experiences with speed dating were that you could pretty much tell once you walked in the room whether or not you were wasting your time 😂

[Heshllama @heshllama]

@dieworkwear Any chance you can do a thread on double breasted suits? Who they suit and how to wear them?

[Heshllama @heshllama]

@_warrenhogan The dot plot has 50bps of hikes for the rest of the year. Sure it's data dependent but given growth revised up and unemployment revised down I'm not sure how you've concluded the Fed is done

[Heshllama @heshllama]

@conor64 Good Weezer

[Heshllama @heshllama]

@linzcom The 1.55bn is at1 capital

[Heshllama @heshllama]

@JakeSherman @SpeakerMcCarthy @JoeBiden Real can I speak to the manager energy here

[Heshllama @heshllama]

@realCarrickRyan Slovenia. Ljubljana is an amazing city. The Julian Alps stunning

[Heshllama @heshllama]

@zakavkaza No one can convince me this isn't a promo clip from the next Jason Bateman movie

[Heshllama @heshllama]

@EauDeMacro @IFM_Economist You can typically prepay a portion of it but it's a number like 20k

[Heshllama @heshllama]

@KobeissiLetter I mean it's absolutely not a coincidence. Regulators are very clear that they like to take control of banks on Friday and resolve them on the weekend whilst markets are closed. This is literally bank resolution 101

[Heshllama @heshllama]

@BondHack At1 holders are overseas wholesale investors and there's a large chunk of equity holders who are Swiss retail investors who vote?

[Heshllama @heshllama]

@jeuasommenulle @cetier1 I'd expect no tax impacts on write-off otherwise you'd have to haircut your at1 as the amount of capital raised on write off is less than face value of the at1

[Heshllama @heshllama]

@BondHack Not sure I agree that the emergency reg was the basis for NV. The only way cs could continue was via sale to UBS as announced which included 16bn it equity from the at1. the latter inarguably increased the solvency of CS. Whether or not it was warranted is a separate question

[Heshllama @heshllama]

@gianlucac1 The sections you are quoting are talking about resolution where they have no choice but to follow the heirachy. The ball in was done pre resolution. There is a risk factor in the last at1 OC which covers FINMA not respecting priority

[Heshllama @heshllama]

@jeuasommenulle Not sure I agree with that article. The regulation was belts and braces it feels. Their argument around shoring up the capital position also feels off - the bailin was needed to get UBS to the table to continue the business. Their beef is with the lack of conversion not bail-in

[Heshllama @heshllama]

@jeuasommenulle Isn't it the case that the contractual terms of the instruments don't permit conversion at PONV so write-off the only option here? Seems like a case of investors being surprised that PONV being enforced in these circumstances - i.e going concern not gone concerned

[Heshllama @heshllama]

@jeuasommenulle Bail in makes no sense given there are no underlying losses. They have a name crisis not a capital issue

[Heshllama @heshllama]

@tylahhf Franca in potts point. Sean's panorama, 10 William