Brussels, 19/12/2014 (Agence Europe) - On Friday 19 December, the Council of the EU officially appointed Elke König of Germany to be the head of the Single Resolution Board (SRB), the new European authority to be set up in 2015 to oversee the ordered resolution or winding up of failing banks in the eurozone.
König is currently chair of BaFin in Germany. The other members of the board will be Timo Löyttyniemi of Finland (vice-chairperson), Mauro Grande of Italy (strategy director) and, as...