login
login

Europe Daily Bulletin No. 11543

30 April 2016
ECONOMY - FINANCE - BUSINESS / (ae) banks
Deposit protection and bank resolution cannot be separated, says Gruenberg

Brussels, 29/04/2016 (Agence Europe) - The deposit guarantee and bank resolution functions are “two sides of the same coin”, the Chairman of the US Federal Deposit Insurance Corporation (FDIC), Martin J. Gruenberg, said in Brussels on Friday 29 April, at a conference organised by the Single Resolution Board (SRB).

Gruenberg stressed that the money earmarked to protect bank deposits is often used to pay for some of the costs for the recovery and restructuring of a failing bank, for...

Contents

EXTERNAL ACTION
ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
SOCIAL AFFAIRS
EUROPEAN PARLIAMENT PLENARY
BREACHES OF EU LAW
NEWS BRIEFS
CALENDAR