(Reuters) London-based hedge fund Caius Capital on Monday said it was disappointed with the European Banking Authority’s rejection of its request to look into a complex debt instrument used by UniCredit that the fund said was wrongly classified as core capital. Caius in May asked the EBA to investigate the 2.98 billion euro ($3.49 billion) convertible and subordinated bond, known as CASHES, which was issued in 2008.
Hedge Fund Caius says Disappointed with EBA View of UniCredit
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