EU plans to bring more mid-sized banks into the resolution framework and tinker with the conditions for a rainy-day fund for bank failures won’t be a “free lunch,” according to the head of the European authority for handling bank failures.
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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...
[Automated translation]
The European mechanism that prepares the financial system in the event of a bank collapse is about to enter a new phase. The...
Dominique Laboureix, chair of the European Union’s Single Resolution Board, said he wanted to send a clear message to investors that the regulator...