Sector Regulation Sector Regulation

Eurozone lenders' failure cushions short EUR38 billion as SRB vows to toughen up

By Jack Schickler
  • 19 May 2021 06:03
  • 19 May 2021 06:03
Eurozone lenders have a shortfall of about 38 billion euros ($46 billion) in the capital needed to shield taxpayers from the cost of banking-sector failures, with banks in Greece, Cyprus and Croatia particularly lagging, according to documents seen by MLex.

The Single Resolution Board is tightening the net to make more banks subject

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