GLOBE TELECOM, Inc. said it has repurchased $426.42 million of its dollar-denominated perpetual securities following the ...

MUMBAI, Sept 30 (Reuters) - The Indian central bank has raised the limit for perpetual debt that banks can raise overseas and use as part of their core capital, according to a circular late on Monday.

What’s the canary in the overpriced-asset coal mine? One obvious tweety bird is the riskiest type of bank debt, known as perpetual additional tier one bonds. These securities allow regulators to wipe ...