Financial Services Financial Services

Rejection of Banco Popular compensation case 'confirms' EU bank crisis agency's actions, its chief says

By Abhishek Kumar
  • 22 Nov 2023 16:00
  • 22 Nov 2023 16:00
A court ruling that investors in the collapsed Banco Popular Español didn’t qualify for compensation was hailed today by the EU's bank crisis authority, which said it had been vindicated in its decision not to provide compensation as part of the Spanish bank's resolution.
The Single Resolution Board, or SRB, opted

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