Brussels, 28/10/2015 (Agence Europe) - The president of the Single Resolution Board (SRB), Elke König, has called for a “European solution” to harmonise the order in which financial actors will be called upon to contribute in the event of the failure of a systemic bank.
“As a European body, we would very much welcome a European solution to this. But that means changes in the legislation, which might take time”, König said in an interview with EUROPE on Wednesday 21 October.
The...