Personally I have not read the details of those preference shares issued by banks. However, just on the surface of it, one must realised a few risks, among others, involved:...
Bottomline, just off the cuff, why would any bank pay 4.7% to 5.1% for your funds when they could pay less than 1% for similar funding viz deposits. Perhaps those who had the bad experience of minibonds in SG could well remember and understand that there is no free lunch.
Hey you think I not blur, can you up me then? Leave me your nick, and I will return fave in due course.