The bonds, known as "gone concern loss absorption capacity" or GLAC
, are seen by regulators as essential to stopping the world's 29 biggest lenders from being "too big to fail".
In the US, where the Fed and FDIC are developing rules on minimum holding company debt requirements, holding companies issue substantial amounts of group senior and subordinated debt, all of which may qualify as GLAC
Las investigaciones que se ocupan de este tema han evidenciado que las EMN localizaran filiales en funcion de la estrategia de internacionalizacion y que existe una estrategia particular si el objetivo es explotar mercados locales, mientras que otra sera la estrategia si el objetivo es crear competencias y aprovechar spillovers (Cantwell y Mudambi, 2005; Cantwell y Glac
, 2004; y Guimon, 2008).
A traditional fruit cake packed with delicious pecans, glac
cherries and candied peels, it's covered in marzipan and thick royal icing.
On 16 October, the Council of Ministers approved the bill for the GLAC
that was submitted to the Congress board.
ROSE PETAL HEART (Serves 8) For the cake (white chocolate and cardamom rosewater sponge): 130g unsalted butter, softened, plus more for the tin 20 green cardamom pods 170g self-raising flour 100g white chocolate, chopped 130g white caster sugar 2 eggs, beaten 1tsp vanilla extract For the ganache: 100g white chocolate, finely chopped 100ml double cream 2tsp rosewater For the glac
icing: 150g icing sugar, sifted For decoration: 250g fresh raspberries 200g icing sugar, sifted 2-2' tbsp rosewater 100g white chocolate, broken into pieces 12 crystallised pink rose petals Method Preheat oven to 180C/Gas mark 4.
Menu includes Slow-Cooked Pork Belly Over Salad With Poached Egg and Sauteed Mushrooms; Braised Beef Short Ribs With Potatoes; Winter Greens; and Demi Glac
Ginger and Cherry Fudge (Makes approx 1kg) INGREDIENTS 397g can Carnation Condensed Milk 150ml (1/4 pt) milk 450g (1lb) demerara sugar 100g (4 oz) butter 150g (5oz) glac
cherries, halved 50g (2 oz) stem ginger, chopped METHOD 1.
The Soft Iced Holly Wreath Cake (pounds 25) is also made with the very finest ingredients - natural glac
cherries, vine fruits soaked in sherry and unbleached wheat flour, finished with contemporary 'soft icing' and holly leaves.
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Here we are making fruit scones but we really can add any flavour or ingredient we want, whether it's cheese, glac
cherries, dried apricots or apples for something different.