Dominique Laboureix, chair of the European Union’s Single Resolution Board, said he wanted to send a clear message to investors that the regulator would uphold the legal framework for absorbing losses in the case of another bank failure.
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[Automated translation]
The European mechanism that prepares the financial system in the event of a bank collapse is about to enter a new phase. The...
Dominique Laboureix, chair of the European Union’s Single Resolution Board, said he wanted to send a clear message to investors that the regulator...