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Single Resolution Board

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  • Sunday, 25 June, 2023
    European banks
    Europe’s bank resolution authority seeks ‘firepower’ to deal with collapsed lenders

    Chair Dominique Laboureix calls for policymakers to ‘come back to the drawing board’

    A silhouette of a person in front of a Credit Suisse sign
  • Tuesday, 21 March, 2023
    European banks
    EU vows to respect bondholders’ rights after Credit Suisse turmoil

    Single Resolution Board chair adamant Brussels will not take investors in bank debt ‘by surprise’

    The Credit Suisse headquarters
  • Wednesday, 2 March, 2022
    Sberbank
    Sberbank’s Austrian unit is first bank to fail after sanctions on Moscow

    Division of Russia’s biggest lender falls into insolvency after measures imposed over Ukraine invasion

    Headquarters of Sberbank in Vienna
  • Monday, 10 February, 2020
    European banks
    EU regulator call for clearer rules on rescuing banks

    Elke König warns of ‘perceived inequality’ over dealing with failing lenders

    COMO, ITALY - APRIL 06: Elke Konig, Chair of the SRB (Single Resolution Board) attends 'Lo Scenario dell'Economia e della Finanza' workshop on April 6, 2018 in Cernobbio, Como Italy. 'Lo scenario dell'Economia e della Finanza' is the title of 29th edition of the Ambrosetti International Economy Forum. (Photo by Pier Marco Tacca/Getty Images)
  • Friday, 20 December, 2019
    FT AlphavilleThomas Hale
    Revisiting Banco Popular (again)

    The “right to be heard” process enters its final stage.

  • Sunday, 6 January, 2019
    European banks
    Eurozone is learning to deal with failed banks, regulator says

    Elke König calls Single Resolution Board a ‘game changer’ but wants more firepower

    European Union flags are seen outside the EU Commission headquarters in Brussels, prior to a meeting between Britain's Secretary of State for Exiting the EU Dominic Raab and EU's chief Brexit negotiator Michel Barnier, Belgium October 14, 2018. REUTERS/Francois Lenoir
  • Sunday, 28 October, 2018
    InterviewBrexit
    No ‘white knight’ for banks in no-deal Brexit, EU regulator warns

    Moves from UK to eurozone cannot simply be ‘letterbox’ relocations, says Elke König

    Elke Koenig, Chair of the Single Resolution Board, speaks during an interview with Reuters in Brussels, Belgium, August 10, 2016. Picture taken on August 10, 2016.  REUTERS/Francois Lenoir  - S1BETUVBKTAB
  • Monday, 13 August, 2018
    News in-depthFT Alphaville
    Italian banks and the problem of tightly knit politics
    Italian banks and the problem of tightly knit politics
  • Monday, 6 August, 2018
    FT AlphavilleThomas Hale
    Banco Popular: new report says alternatives to rescue were worse
    Banco Popular: new report says alternatives to rescue were worse
  • Friday, 2 February, 2018
    FT AlphavilleThomas Hale
    Putting a price on Banco Popular
  • Friday, 19 January, 2018
    FT AlphavilleThomas Hale
    The Novo Banco debacle and the rule of law in Europe
  • Wednesday, 1 November, 2017
    EU business regulation
    US banks fight EU proposal to limit damage of bank runs

    Powerful lobby argues lengthy freeze on withdrawals could undermine financial stability

  • Thursday, 17 August, 2017
    European companies
    Investors sue Brussels over Banco Popular sale

    EU authorities relied on ‘incomplete information’ in €1 deal, say bondholders

    MADRID, SPAIN - JUNE 07:  A man stands next to a Banco Santander cash machine and a Banco Popular office on June 7, 2017 in Madrid, Spain. Banco Santander SA has announced today that it is to buy struggling Spanish Bank Popular for 1 Euro. (Photo by Pablo Blazquez Dominguez/Getty Images)
  • Tuesday, 8 August, 2017
    European banks
    Brussels signs off on Santander rescue of Banco Popular
  • Tuesday, 8 August, 2017
    InterviewEuropean banking union
    Tighter EU curbs urged on winding down banks

    Regulator calls for closure of loophole used by Italy to spare bondholders

  • Friday, 9 June, 2017
    News in-depthEuropean companies
    Rescue of Spain’s Popular is the start of Europe’s banking test

    European bank rules face tougher challenges in Italy, Portugal and the UK

    Veneto Banca SpA, Popolare di Vicenza, Novo Banco
  • Thursday, 8 June, 2017
    The FT ViewCentral bank intervention
    Banco Popular process is a model for failing banks

    But workings of the ‘resolution’ mechanism should be transparent

    epa06014828 Spanish Economy Minister Luis de Guindos briefs the media on the Spanish Banco Santander's acquirement of the 'Banco Popular' for one euro in order to prevent its collapse after the European Central Bank (ECB) said that Popular was 'failing or likely to fail', in Madrid, Spain, 07 June 2017. De Guindos said that the operation has been a good solution for Banco Popular that has avoided the use of public funds. EPA/EMILIO NARANJO
  • Wednesday, 7 June, 2017
    News in-depthEuropean companies
    Santander strikes hasty deal to leapfrog rivals in Spain

    Ana Botín and top executives work through the night on bid for Banco Popular

    Ana Botin with Santander logo in background
  • Wednesday, 7 June, 2017
    ExplainerEuropean companies
    Why Santander rescue of Banco Popular is a European test case

    Unprecedented step under new rules for saving failing banks

    FILE PHOTO: The logo of Banco Popular is seen on its headquarter in Lisbon, Portugal, March 17, 2016.  REUTERS/Rafael Marchante/File Photo                              GLOBAL BUSINESS WEEK AHEAD - SEARCH GLOBAL BUSINESS 1 MAY FOR ALL IMAGES
  • Wednesday, 7 June, 2017
    European companies
    Santander takes over ‘failing’ rival Banco Popular after EU steps in

    Spanish lender to raise €7bn to fund rescue deal for Madrid-based competitor

    A man uses a cash dispenser at a branch of Spain's biggest bank Santander next to a Banco Popular branch on the same day Santander announced that it would buy struggling rival Banco Popular for a nominal one euro after European authorities determined the lender was on the verge of insolvency, in Madrid, Spain June 7, 2017. REUTERS/Juan Medina TPX IMAGES OF THE DAY
  • Friday, 3 February, 2017
    European companies
    Bank of Ireland says new ownership structure may damage capital ratios
  • Friday, 5 August, 2016
    The ExchangeEurozone economy
    Stress tests highlight flaws in EU’s banking union
  • Wednesday, 1 June, 2016
    European companies
    France and Italy move to counter EU push for tougher bank rules

    Approach to Brussels comes as fears EU may go too far in effort to prevent financial crisis

    Berlin, GERMANY:  A supporter waves a French flag while watching on a giant screen the broadcast of the World Cup 2006 final football game Italy vs.France, 09 July 2006 in Berlin. AFP PHOTO / DDP / JENS SCHLUETER  (Photo credit should read JENS SCHLUETER/AFP/Getty Images)
  • Monday, 7 March, 2016
    Eurozone economy
    The ‘doom loop’ that ties Italian banks
  • Thursday, 11 February, 2016
    European banking union
    EU official defends new rules for failing banks

    Single Resolution Board chief Elke König says measures aimed at ending era of taxpayer bailouts

    Commuters walk past the One Canada Square building, center, illuminated at night in the Canary Wharf business, financial and shopping district of London, U.K., on Wednesday, Oct. 28, 2015. In its monthly consumer confidence index, GfK said a measure of Britons' outlook for the economy over the next 12 months dropped to minus 4 in October, the lowest reading this year. Photographer: Simon Dawson/Bloomberg
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