Resolution and Restructuring

 

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Documents from 2018

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Managing the Next Financial Crisis: An Assessment of Emergency Arrangements in the Major Economies, Group of Thirty

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The Novo Banco debacle and the rule of law in Europe, Thomas Hale

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The Novo Banco saga continues, Thomas Hale

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Geschäftsbericht 2017, Heta Asset Resolution

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MAGYARORSZÁG ÉS A KÖZÉP-EURÓPAI TÉRSÉG AZ EURÓPAI UNIÓBAN, Hungary: Office of the Parliament

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Resolution Fund Annual Report, Hungary: Szanálási Alap

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KPMG faces criticism for Espirito Santo audit work, Patricia Kowsmann, David Enrich, and Margot Patrick

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Europe's bank failure rules on trial amid Banco Popular legal fallout, Jennifer Laidlaw

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Banking Crisis Management in the European Resolution Framework: From 'Bail-out' to 'Bail-In, Giampiero Maci

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Supreme Court dismisses appeal over bank resolution claims, Pinsent Masons

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Bundesgesetzblatt Nr. 96/2018, Republic of Austria: Parliament of Austria

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British Supreme Court rejects Goldman Sachs appeal vs Novo Banco, Reuters Staff

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Santander Annual Report 2017, Santander Group

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Memo regarding the non-confidential version of the documents related to the resolution of Banco Popular, Single Resolution Board

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SRB Annual Report 2017, Single Resolution Board

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Banco Popular Serves as a Harsh Lesson for Coco Debt Holders, Robert Smith

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Novo Banco bond sale clouded by hedge fund challenge, Robert Smith

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Rescued Belfius and IKB Return to Market with Risky Debt, Robert Smith

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SFPI Rapport Annuel 2017, SOCIÉTÉ FÉDÉRALE DE PARTICIPATIONS ET D’INVESTISSEMENT (SFPI)

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Annual Report 2017 (Szanálási Alap), Szanálási Alap

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The Resolution Fund repaid all of its external debt prior to its maturity, Szanálási Alap

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Leasing in the Western Balkans and the Fall of the Asutrian Hypo Alpe Adria Bank, Tibor Tajti (Thaythy)

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SRB Denies Conflict of Interest Claim on Banco Popular, Callum Tanner

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Ex Carife, the zeroed shareholders will be reimbursed - Telestense, Telestense

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Resolution Policy and Resolvability at the Centre of Financial Stability Regimes?, Paul Tucker

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1000 - Federal Deposit Insurance Act, United States: Federal Deposit Insurance Corporation (FDIC)

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Investors' Trash, Taxpayers' Treasure: The Banco Popular Wipeout and Contingent Convertible Bonds, Joanne Wu

Documents from 2017

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Banco Popular Sale Process Letter, Autoridad de Resolución Ejecutiva

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FROB implements the resolution of Banco Popular agreed by the Single Resolution Board and sells the entity to Banco Santander, Autoridad de Resolución Ejecutiva

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Resolution of the FROB Governing Committee regarding Banco Popular Espanol, Autoridad de Resolución Ejecutiva

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Sale of good banks to UBI, Banca d'Italia/Central Bank of Italy

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Banco Popular - Annual Report 2016, Banco Popular de Español SA

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Annual Report 2016 (Belfius), Belfius Bank

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Wunderkind is Walking? The Resolution of Banco Popular as a First Test for the Single Resolution Mechanism, Jens-Hinrich Binder

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Banco Popular and Monte dei Paschi dropped from EBA stress tests, Caroline Binham

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Greek and Italian 'Lessons' on Bank Restructuring: Is Precautionary Recapitalisation the Way Forward?, Marco Bodellini

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Decisive Madrid shows edge over sluggish Italians; Banks: Crisis management, Jim Brunsden

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Spanish market regulator bans short selling in Liberbank, Tobias Buck and Martin Arnold

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Banco Popular burnt through EUR3.6bn in two days ahead of rescue, Tobias Buck, Martin Arnold, and Rachel Sanderson

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Emergency funds failed to save Banco Popular from death spiral, Tobias Buck and Jim Brunsden

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Lone Star picked as top candidate to buy Portugal's Novo Banco, Axel Bugge

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Financial Stability Report 2017/2, Central Bank of Iceland

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Agreemeent by CNMV extending restriction on short positions in Liberbank, S.A. shares for two months, Comisión Nacional de Mercado de Valores

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Agreemeent by CNMV extending restriction on short positions in Liberbank, S.A. shares until 30 November 2017, Comisión Nacional de Mercado de Valores

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Decision by CNMV to ban short sales and similar transactions over Liberbank, S.A. shares for one month, Comisión Nacional de Mercado de Valores

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Banco Popular Valuation Report ("Valuation 2"), Deloitte

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Annual Report 2016, Dexia Group N.V./S.A.

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Popular in Fight to Survive as Bank Updates ECB on Situation, Esteban Duarte

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Spain's Banco Popular Studying Steps to Boost Liquidity, Esteban Duarte and Manuel Baigorri

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Chapter 12: State Aid to Banks in Belgium, Jean-Sébastien Duprey

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Comunidades y ayuntamientos retiraron elevadas cantidades de depositos de Popular, elEconomista.es

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Denmark: Former Roskilde Bank executives acquitted by court, Esmerk Danish News

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ECB determined Banco Popular Espanol S.A. was failing or likely to fail, European Central Bank (ECB)

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Failing or Likely to Fail' Assessment of Banco Popular Espanol, European Central Bank (ECB)

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Official Journal of the European Union - C222, European Parliament

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Regulatory Technical Standards on Valuation in Resolution, European Union: European Banking Authority (EBA)

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Final Findings: EDP Dialogue Visit to Austria, European Union: European Commission

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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

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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

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State Aid SA.41925 (2017/N-2) - Italy - Sale of the bridge bank Nuova Carife to BPER (third amendment to the resolution of Carife), European Union: European Commission

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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

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FSCS Annual Reports and Accounts 2016/17, Financial Services Compensation Scheme

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Portugal Makes Progress on Legacy Banking Problems, Fitch Ratings

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Resolution of the FROB Governing Committee regarding Banco Popular Espanol, Casimiro García-Abadillo

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El Popular era "inviable" y no podi­a atender ya la retirada de depositos, Casimiro García-Abadillo

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Convincing comeback for Bank of Cyprus, Alice Gledhill

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Banco Popular's failure leaves questions unanswered, Thomas Hale, Robert Smith, and Martin Arnold

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Annual Financial Report 2016, Heta Asset Resolution

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Annual Financial Report 2016, Heta Asset Resolution

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Austria: 2016 Article IV Consultation-Press Release; and Staff Report for Austria, International Monetary Fund (IMF)

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Hippocrates Resolution Process Considerations, Jefferies International Limited

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Banco Popular sells 49% Targobank stake to Banque Federative du Credit Mutuel, Jennifer Laidlaw

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Chapter 5: The States' Toolkit for Rescuing Banks in Difficulty, François-Charles Laprévote and Florine Coupa©

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BPER Banca completes acquisition of Nuova Carife, Leo Antonio Magno

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Annual Report 2016, Magyar Külkereskedelmi Bank

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Annual Report of MKB Group 2016, Magyar Külkereskedelmi Bank

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Banco Popular - Lessons for European Bank Capital, Hugh McCutcheon

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The resolution of Banco Popular, B Mesnard, A. Duvillet, and M. Magnus

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Hearing with Mrs Elke Konig, Chair of the Single Resolution Board, B Mesnard and C. Katopodi

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Santander cae en Bolsa mas de un 1,5% tras anunciar una macroampliacion de 7.000 millones, Agustín Monzón

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Moody's downgrades Banco Popular's senior unsecured debt ratings to B3 and deposit ratings to B2; outlook negative, Moody's Investor Service

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Banco Popular chief Pedro Larena quits amid accounting errors, Ian Mount

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Banco Popular attracts merger interest from rivals, Ian Mount and Martin Arnold

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Comunicacian de hecho Relevante a la Comision Nacional del Mercado de Valores, National Securities Market Commission/Comisión Nacional del Mercado de Valores

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Bail-ins and Bank Resolution in Europe, Thomas Philippon and Aude Salord

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Banco Popular Audit Report, PricewaterhouseCoopers Auditores, S.L.

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Austrian Stability Programme: Update for the Period 2016 to 2021, Republic of Austria: Federal Ministry of Finance/ Bundesministerium fur Finanzen (BMF)

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Hinweis zur Präsentation, Republic of Austria: Financial Market Authority

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Annual Report of the State Audit Office of the Republic of Latvia 2016, Republic of Latvia: State Audit Office

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Atlante Closes Buy of 2.2 Bln Euros in Problem Loans from 3 Rescued Banks, Reuters Staff

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Banco Popular lining up plan to raise capital, Reuters Staff

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UBI Banca offers just EUR1 to buy 3 rescued Italian banks, Rachel Sanderson

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Banco Popular acquisition: Creating shareholder value through in-market consolidation, Santander Group

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Banco Popular agrees to sell majority stake in its real estate asset portfolio to Blackstone, Santander Group

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Santander announces a commercial action for retail customers affected by the resolution of Banco Popular, Santander Group

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Ex-IMF Boss Rato Sentenced to Jail in Spain over Credit Card Scandal, Inmaculada Sanz, Sarah White, and Jesús Aguado

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Banco Popular Valuation Report ("Valuation 1"), Single Resolution Board

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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

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Notice summarising the effects of the resolution action taken in respect of Banco Popular Espanol pursuant to Article 29(5) SRMR, Single Resolution Board

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Press Release - Media allegations regarding a specific bank, Single Resolution Board