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But the additional 9 percent could be in the form of so-called contingent convertible bonds: debt that banks issue that automatically converts to equity in time of a crisis, so that it can be used to cushion losses.
In response to fears that banks will curtail lending, regulators expanded the definition of reserves to include contingent capital, which is borrowed money that automatically converts to equity in a crisis.
At that point the trust automatically converts to an income-producing trust.
One other useful feature is that the Feature.fm pre-save link automatically converts to a "smart link" once the song/album is released.
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A message accompanied the translated blogs: "This text was automatically converted to cell-phone novel — here and there line breaks look strange.
And she has certainly misinterpreted her popularity if she thought it could be automatically converted to a position of public leadership.
Banks should be forced to fund themselves with a lot more equity and other risk capital possibly using bonds that automatically convert to equity when trouble strikes.
Adobe's Web site states that, "Though Photoshop Elements does not support CMYK color mode, most desktop printers automatically convert to it".
The deals begin on an interest-only basis at a fixed rate for the first three years, automatically converting to capital and interest repayment for the remaining term of the loan, and are available via the banks' 330 branches.
In addition to endorsing higher capital and liquidity requirements, Mr. Greenspan said banks and possibly all financial intermediaries should be required to hold bonds that automatically convert to equity when capital falls below a certain threshold.
With the software, slice thickness was automatically converted to be about 2 mm to allow isotropic voxel evaluation (Table 1).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com