Topic: Bail-in
EU reaches rescue decision on Russian Sberbank’s European arms
The European Union’s central bank resolution authority has declined to rescue the Austria-headquartered company that holds Sberbank’s European operations, while transferring its Croatian and Slovenian subsidiaries to local competitors.
03 March 2022
EU’s top court throws out Banco Popular bondholders' appeal
The European Court of Justice has dismissed appeals from two former Banco Popular bondholders, who queried the EU bank resolution authority’s decision not to order a final independent valuation of the Spanish lender before its resolution in 2017.
28 January 2022
BonelliErede helps rescue Italian Greensill casualty
Italy’s BonelliErede is advising Venice-based bank Ifis on its purchase of a local lender out of compulsory liquidation, after it collapsed under the weight of its exposures to Greensill’s German banking subsidiary.
28 May 2021