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Portugal's bail-in BOMBSHELL.
- Source :
- Euromoney; Feb2016, Vol. 47 Issue 562, p88-94, 7p, 4 Color Photographs, 1 Graph
- Publication Year :
- 2016
-
Abstract
- The article focuses on the decision of Bank of Portugal to bail-in senior bondholders of bank Novo Banco which may breach the bail-in powers introduced by the European Central Bank (ECB). Topics discussed include the application of Bank Recovery and Resolution Directive (BRRD) bail-in regulation, retransfer of assets and liabilities between Novo Banco and Banco Espiríto Santo, and bank funding market.
- Subjects :
- BONDHOLDERS
BANKING policy
Subjects
Details
- Language :
- English
- ISSN :
- 00142433
- Volume :
- 47
- Issue :
- 562
- Database :
- Complementary Index
- Journal :
- Euromoney
- Publication Type :
- Periodical
- Accession number :
- 112776368