Friday September 25, 2020

What Europe's bank plan means for Ireland

Defences may be robust, but unsecured bond holders will be casualties if things go wrong, writes Colm Moriarty.

13th July, 2013

What do you do with a hole in a bank? Policy makers know it is an old question worth having a prepared answer for.

The bank resolution playbook for the EU is being worked out at the moment and two key elements have been agreed this summer - the Bank Recovery and Resolution Directive (BRRD) and the Single Resolution Mechanism (SRM).

These are just the latest steps taken to create a European banking union, which...

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