The Confidence "Interval"
Europe’s banking sector is back in the spotlight – and, once again, it is for less than positive reasons. Unlike earlier episodes, however, the...
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Selected European HoldCos and DLC: March 2026 Report
Dispersion returns across European holdcos: Vivendi back to dislocation, Rio offers conditional optionality, while most structures remain anchored....
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Liquid Universe of European Ordinary and Preferred Shares: March '26 Report
March saw convergence across European dual-class shares, with dispersion narrowing as liquidity returned. Structural outliers persist, while...
188 Views
Selected European HoldCos and DLC: February 2026 Report
European holdco discounts are diverging: quality structures trade near parity, while leveraged or legally encumbered names remain wide. Asymmetry...
265 Views
Liquid Universe of European Ordinary and Preferred Shares: February '26 Report
February brought mild widening in Europe’s dual-class spreads, but no systemic repricing of voting rights. Dispersion remains driven by structural...
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