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Europe Daily Bulletin No. 13298

23 November 2023
Contents Publication in full By article 27 / 32
COURT OF JUSTICE OF THE EU / Banks
Shareholders and creditors affected by resolution of Banco Popular were not entitled to compensation, rules EU General Court
Brussels, 22/11/2023 (Agence Europe)

Shareholders and creditors affected by the decision of the ‘Single Resolution Board’ (SRB) to resolve the Spanish bank Banco Popular were not entitled to compensation from the ‘Single Resolution Fund’ (SRF), the General Court of the European Union ruled in a judgment delivered on Wednesday 22 November (joined cases T-302/20, T-303/20, T-307/20, T-304/20, T-330/20 and T-340/20).

In June 2017, the SRB Council adopted a resolution package for Banco Popular, subsequently approved by...

Contents

EUROPEAN PARLIAMENT PLENARY
SOCIAL AFFAIRS
SECTORAL POLICIES
EXTERNAL ACTION
ECONOMY - FINANCE - BUSINESS
EDUCATION - YOUTH - CULTURE - SPORT
COURT OF JUSTICE OF THE EU
NEWS BRIEFS