Sector Regulation Sector Regulation

Failing EU banks more likely to face resolution as SRB toughens public-interest test

By Jack Schickler
  • 23 Mar 2021 07:26
  • 23 Mar 2021 07:26
EU banks will likely get an updated regulatory approach within weeks on whether individual failures destabilize the economy or not, a senior official told lawmakers today, in a refresh that would make it more likely for collapsing lenders to undergo painful Brussels-based restructuring. 

Embattled EU regulator the Single Resolution Board, or SRB, has been

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