The banking sector is a vital part of the economy, but what happens when a bank fails? The Single Resolution Board’s (SRB) mission is to ensure financial stability and protect taxpayers amid evolving challenges in the banking industry. During his recent visit to Malta, The Malta Business Weekly met with DOMINIQUE LABOUREIX, chair of the SRB, and discussed the Board’s significance to Malta and the euro zone as well as its plans for the future.
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Recent interviews
The president of the SRB acknowledges that the fund that led to resolution by the Spanish bank in 2017 has progressed a lot since then and that...
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In the past, some small and middle-sized banks fell between the cracks of the resolution framework. Resolution authorities were not able to resolve...