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Image header Agence Europe
Europe Daily Bulletin No. 12395
Contents Publication in full By article 18 / 21
NEWS BRIEFS / Banks

Banco Popular resolution, final decision on compensation for former shareholders to be made soon

20/12/2019 (Agence Europe)On Friday, 20 December, the Single Resolution Board (SRB) announced that it was moving into “the final phase” of the consultation process with the parties affected by the resolution actions concerning the Spanish bank Banco Popular (see EUROPE B11803A9). In 2018, the SRB issued its preliminary decision not to compensate the bank's former shareholders and creditors (see EUROPE B12040A29). It concluded that they would not have been better treated if the bank...

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