Yesterday, on 14 January 2021, the European Court of Auditors presented a special report on European bank resolution. Already in 2017, the Court of Auditors had identified a number of shortcomings and criticised the slow implementation by the European resolution authority SRB (Single Resolution Board). The current report reviewed the findings of 2017 and looked […]
The crazy labyrinth of European bank aid rules
Dear friends, dear interested, This chart is a must for everyone professional or interested in financial markets! When states in Europe rescue banks, there is no fixed template. Instead, there are countless ways to reach the questionable goal in the messy maze of European rules. In technical jargon, the various methods of bank rescue are […]