Resolution and Restructuring
Documents from 2020
SSM and the SRB accountability at European level: room for improvements?, Jonathan Zeitlin and Filipe Brito Bastos
Documents from 2019
Just 6 cents on the Euro for Laiki haircut victims, Cyprus Mail
Decision in cases 1141/2019/SRS, 1417/2019/SRS and 1015/2019/SRS, European Ombudsman
Contingent Capital Agreement entered into with Novo Banco, Fundo de Resolução/Resolution Fund
Rushed Popular resolution casts long shadow over Europe's banks, Gareth Gore
Banco Popular's failure leaves questions unanswered, Thomas Hale, Robert Smith, and Martin Arnold
Annual Report 2018, Heta Asset Resolution
Bank Resolution Key Issues and Local Perspectives, QC Hodge Malek, James Potts, and Sophia Dzwig
A Resolution in the Spanish Banking Sector: The Case of Banco Popular Espanol, Magdalena Kozińska
The Portuguese Experience on Banking Resolution - Challenges and Lessons Learned, Pedro Machado
Banco Popular bondholders file new suit against EU body in European Court, Reuters Staff
Santander successfully completes integration of Banco Popular's branches on schedule, Santander Group
SRB Annual Report 2017, Single Resolution Board
Piraeus Bank S.A. Announces the Completion of its Restructuring Plan, Andy Smith
Portugal's Novo Banco to receive new capital injection after posting EUR1.4bn loss, Peter Wise
Documents from 2018
Portuguese lender Novo Banco slumps to a EUR1.4bn loss, Martin Arnold
Banco de Espana Financial Stability Report - November 2017, Banco de Espana/Central Bank of Spain
Banco Popular Valuation Report ("Valuation 3"), Deloitte
Valuation of difference in treatment: Banco Popular Espanol ("Valuation 3"), Deloitte
Interim report by the FSC containing information on the legal action against Roskilde's management., Finansiel Stabilitet (FSC)
The Novo Banco saga continues, Thomas Hale
Annual Report 2017, Heta Asset Resolution
The Resolution Fund repaid all of its external debt prior to its maturity, Hungary: Szanálási Alap (Resolution Fund)
Europe's bank failure rules on trial amid Banco Popular legal fallout, Jennifer Laidlaw
Banking Crisis Management in the European Resolution Framework: From 'Bail-out' to 'Bail-In, Giampiero Maci
Bank rescues of 2007-09: outcomes and cost, Federico Mor
Santander Annual Report 2017, Santander Group
Banco Popular Serves as a Harsh Lesson for Coco Debt Holders, Robert Smith
SRB Denies Conflict of Interest Claim on Banco Popular, Callum Tanner
Ex Carife, the zeroed shareholders will be reimbursed - Telestense, Telestense
Investors' Trash, Taxpayers' Treasure: The Banco Popular Wipeout and Contingent Convertible Bonds, Joanne Wu
Documents from 2017
Banco Popular Sale Process Letter, Autoridad de Resolución Ejecutiva
FROB implements the resolution of Banco Popular agreed by the Single Resolution Board and sells the entity to Banco Santander, Autoridad de Resolución Ejecutiva
Resolution of the FROB Governing Committee regarding Banco Popular Espanol, Autoridad de Resolución Ejecutiva
Sale of good banks to UBI, Banca d'Italia/Central Bank of Italy
Banco Popular - Annual Report 2016, Banco Popular de Español S.A.
Wunderkind is Walking? The Resolution of Banco Popular as a First Test for the Single Resolution Mechanism, Jens-Hinrich Binder
Banco Popular and Monte dei Paschi dropped from EBA stress tests, Caroline Binham
Decisive Madrid shows edge over sluggish Italians; Banks: Crisis management, Jim Brunsden
Spanish market regulator bans short selling in Liberbank, Tobias Buck and Martin Arnold
Banco Popular burnt through EUR3.6bn in two days ahead of rescue, Tobias Buck, Martin Arnold, and Rachel Sanderson
Emergency funds failed to save Banco Popular from death spiral, Tobias Buck and Jim Brunsden
Lone Star picked as top candidate to buy Portugal's Novo Banco, Axel Bugge
Financial Stability Report 2017/2, Central Bank of Iceland
Agreemeent by CNMV extending restriction on short positions in Liberbank, S.A. shares for two months, Comisión Nacional del Mercado de Valores (CNMV) / Spain
Agreemeent by CNMV extending restriction on short positions in Liberbank, S.A. shares until 30 November 2017, Comisión Nacional del Mercado de Valores (CNMV) / Spain
Decision by CNMV to ban short sales and similar transactions over Liberbank, S.A. shares for one month, Comisión Nacional del Mercado de Valores (CNMV) / Spain
Banco Popular Valuation Report ("Valuation 2"), Deloitte
Popular in Fight to Survive as Bank Updates ECB on Situation, Esteban Duarte
Spain's Banco Popular Studying Steps to Boost Liquidity, Esteban Duarte and Manuel Baigorri
Comunidades y ayuntamientos retiraron elevadas cantidades de depositos de Popular, elEconomista.es
Denmark: Former Roskilde Bank executives acquitted by court, Esmerk Danish News
ECB Annual Report on supervisory activities 2017, European Central Bank (ECB)
ECB determined Banco Popular Espanol S.A. was failing or likely to fail, European Central Bank (ECB)
Failing or Likely to Fail' Assessment of Banco Popular Espanol, European Central Bank (ECB)
Official Journal of the European Union - C222, European Parliament
State aid: Commission approves Portuguese restructuring plan and support for sale of Novo Banco, completing 2014 resolution of Banco Espirito Santo, European Union: European Commission
State aid n. SA.49275 (2017-N) - Portugal Sale of Novo Banco with additional aid in the in the context of the 2014 Resolution of Banco Espirito Santo, S.A, European Union: European Commission
State Aids SA.39543 (2017/N-2), SA.41134 (2017/N-2), SA.43547 (2017/N-2) - Italy - Sale of the bridge banks Marche, Etruria and Carichieti to UBI Banca (third amendment to the resolution of the banks Marche, Etruria and Carichieti), European Union: European Commission
FSCS Annual Reports and Accounts 2016/17, Financial Services Compensation Scheme
El Popular era "inviable" y no podia atender ya la retirada de depositos, Casimiro GarcÃa-Abadillo
Resolution of the FROB Governing Committee regarding Banco Popular Espanol, Casimiro GarcÃa-Abadillo
Annual Report 2016, Heta Asset Resolution
Annual Report 2017 (Szanalasi Alap), Hungary: Szanálási Alap (Resolution Fund)
Hippocrates Resolution Process Considerations, Jefferies International Limited
Banco Popular sells 49% Targobank stake to Banque Federative du Credit Mutuel, Jennifer Laidlaw
Banco Popular - Lessons for European Bank Capital, Hugh McCutcheon
The resolution of Banco Popular, B Mesnard, A. Duvillet, and M. Magnus
Hearing with Mrs Elke Konig, Chair of the Single Resolution Board, B Mesnard and C. Katopodi
Santander cae en Bolsa mas de un 1,5% tras anunciar una macroampliacion de 7.000 millones, AgustÃn Monzón
Moody's downgrades Banco Popular's senior unsecured debt ratings to B3 and deposit ratings to B2; outlook negative, Moody's Investor Service
Banco Popular chief Pedro Larena quits amid accounting errors, Ian Mount
Banco Popular attracts merger interest from rivals, Ian Mount and Martin Arnold
Bail-ins and Bank Resolution in Europe, Thomas Philippon and Aude Salord
Banco Popular Audit Report, PricewaterhouseCoopers Auditores, S.L.
Atlante Closes Buy of 2.2 Bln Euros in Problem Loans from 3 Rescued Banks, Reuters Staff
Banco Popular lining up plan to raise capital, Reuters Staff
UBI Banca offers just EUR1 to buy 3 rescued Italian banks, Rachel Sanderson
Banco Popular acquisition: Creating shareholder value through in-market consolidation, Santander Group
Banco Popular agrees to sell majority stake in its real estate asset portfolio to Blackstone, Santander Group
Santander announces a commercial action for retail customers affected by the resolution of Banco Popular, Santander Group
Banco Popular Valuation Report ("Valuation 1"), Single Resolution Board
Decision of the Single Resolution Board in its Executive Session: concerning the adoption of a resolution scheme for Banco Popular Espanol, S.A., Single Resolution Board
Memo regarding the non-confidential version of the documents related to the resolution of Banco Popular, Single Resolution Board
Notice summarising the effects of the resolution action taken in respect of Banco Popular Espanol pursuant to Article 29(5) SRMR, Single Resolution Board
Press Release - Media allegations regarding a specific bank, Single Resolution Board
Resolution Q&A - Single Resolution Board, Single Resolution Board
SRB Marketing Decision, Single Resolution Board
The Single Resolution Board adopts resolution decision for Banco Popular, Single Resolution Board
Subordinated debt at small Spanish banks feels the heat, Robert Smith
BPER Banca completes acquisition of Nuova Carife, S&P Global Market Intelligence
Banco Popular bondholders seek to overturn resolution, Christopher Spink
Banco Popular Agrees to Sell Majority Stake in Its Real Estate Asset Portfolio to Blackstone, The Blackstone Group
Banco Popular fails and is bought by Santander, The Economist
Lone Star acquires 75% of Portugal's Novo Banco, Peter Wise
BRRD Guidebook, World Bank/World Bank Group
Understanding Bank Recovery and Resolution in the EU: A Guidebook to the BRRD, World Bank/World Bank Group
Bankia, BMN merger cleared; Banco BPM completes deal; Italy heads for elections, Jasim Zahid
Italy's UBI to buy rescued banks, raise cash in latest clean-up, Valentina Za and Andrea Mandala