BRUSSELS — The EU shouldn’t ignore financial-market jitters over the health of the banking sector, the head of the European authority for managing bank failures said, as he warned a lack of trust could spiral despite the resilience of the sector.
Bank stocks have been pummeled in recent weeks, including a dramatic slide in the share price of Deutsche Bank on Friday following the collapse of Credit Suisse a week before. That’s led to fears Europe could be on the cusp of another full-scale bank meltdown similar to the 2008 version that ripped across the world and preceded debt turmoil in the eurozone.
Contact our communications team
Recent interviews

The SRB aims to achieve greater financial stability for every euro invested in resolution planning – a benefit that will be shared by both banks and...

Resolution is part of a safety net that guarantees better financial stability without incurring costs for taxpayers yesterday.
The banking system is...

The Single Resolution Board is the central authority responsible for resolving banking crises in the eurozone. During a visit to Luxembourg, its...
Related news and press releases

Europe’s drive to simplify and streamline financial regulation is making top supervisors nervous about the risk of key safeguards being watered down. ...

The SRB aims to achieve greater financial stability for every euro invested in resolution planning – a benefit that will be shared by both banks and...

The president of the SRB acknowledges that the fund that led to resolution by the Spanish bank in 2017 has progressed a lot since then and that...