1 results for keyword "bail-out"

Article on tag "bail-out"

Quo vadis banking union? Italian banking crisis
Quo vadis banking union? Italian banking crisis

Quo vadis banking union? Italian banking crisis

While banks are required to hold sufficient amounts of senior capital to be used for restructuring in the event of a bail-in where equity and junior debt do not suffice, there are still too many loopholes for political decisions on a national and European level that thwart the idea of the no-bail-out scenario for taxpayers.