At that time, the goal was to prevent the banking system from collapsing. Spain knew how to do its homework and is today a ...
(Bloomberg) -- Lawmakers on a key European Parliament body approved Thursday the first step of a controversial plan to pool insurance for bank depositors. The committee on economic and monetary ...
BRUSSELS (Reuters) - National insurance schemes for bank savers in the EU cover 1 percent of insured deposits, a European Commission document showed, with an average level above the required 0.8 ...
FRANKFURT (Reuters) – The European Central Bank can live with a limited version of a European Deposit Insurance Scheme as long as this compromise is considered temporary, ECB Vice President Luis de ...
BRUSSELS, March 24 (Reuters) - European Union leaders and the ECB sought to calm market jitters by presenting a united front on the banking sector on Friday, saying EU lenders are well capitalised and ...
Prospects for a European deposit insurance scheme (EDIS), together with technology, allow a relatively upbeat assessment on bank merger opportunities, according to Société Générale CEO Frédéric Oudéa.
The European Commission’s plans for a banking union are facing fierce headwinds. Without such a scheme it will be very tough to recapitalize struggling banks, stabilize financial markets and resolve ...