Tag: bail-in
Banco Popular deal symptom of ongoing reckoning in Europe
Gretchen Morgenson of the New York Times in her piece Lessons From the Collapse of Banco Popular reminds us of the continued perilous state of the European banking system, which never properly deleveraged after the Financial Crisis…Banco Popular, Spain’s fifth largest bank, was suddenly sold in a government-sponsored rescue to Banco Santander… This was the […]
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