Resolution and Restructuring
Documents from 2016
Stress tests find Europe's bank sector would survive fresh crisis, Martin Arnold and Laura Noonan
Banca delle Marche S.p.A.. Modifica del programma di risoluzione / Banca delle Marche SpA. Amendment of the resolution plan, Banca d'Italia/Central Bank of Italy
Call for expression of interest in relation to the transfer of Nuova Cassa di risparmio di Ferrara SpA, Nuova Banca delle Marche SpA, Nuova Banca dell'Etruria e del Lazio SpA, Nuova Cassa di risparmio di Chieti SpA, Banca d'Italia/Central Bank of Italy
Nuova Cassa di Risparmio di Ferrara S.p.A.. Transfer of non-performing loans to REV Gestione Crediti S.p.A., pursuant to Legislative Decree 180/2015, Banca d'Italia/Central Bank of Italy
Rapporto sulla stabilita finanziaria - Financial Stability Report, No. 1, Banca d'Italia/Central Bank of Italy
Bank Resolution: The European Regime, Jens-Hinrich Binder and Dalvinder Singh
EU-wide Stress Test Results (2016), European Banking Authority (EBA)
Conclusion of ESM programme for Cyprus: an overview, European Stability Mechanism
How much financial assistance did the ESM provide to Spain?, European Stability Mechanism
Annual Report for the National Resolution Fund, European Union: European Commission
Commission Decision of 29.04.2016 on the state aid SA.39543 (2015/N), SA.41134 (2015/N), SA.41925 (2015/N), SA.43547 (2015/N) implemented by Italy: Amendment to the resolution of Banca Marche, Banca Etruria, Carife and Carichieti, European Union: European Commission
SA.45940 (2016/N) - Austria - Repurchase offer for guaranteed liabilities of Heta Asset Resolution AG, European Union: European Commission
State Aid SA.39543 (2015/N), SA.41134 (2015/N), SA.41925 (2015/N), SA.43547 (2015/N) - Italy Second amendment to the Resolution of Banca delle Marche S.p.A., Banca Popolare dell'Etruria e del Lazio Soc. Coop., Cassa di Risparmio di Ferrara S.p.A. and Cass, European Union: European Commission
Bank resolution as a new MNB function - resolution of MKB Bank, Krisztina Földényi Láhm, András Kómár, Antal Stréda, and Róbert Szegedi
Bad luck for backers of Portugal's 'good bank', Financial Times
Cleaning-up Bank Balance Sheets: Economic, Legal, and Supervisory Measures for Italy, José Garrido, Emanuel Kopp, and Anke Weber
Bank Resolution and Crisis Management, Simon Gleeson and Randall Guynn
Mar Guomundsson: Iceland's recovery - facts, myths, and the lessons learned, Már Guðmundsson
Bank Resolution Financing in the Banking Union, Christos Hadjiemmanuil
European banks: New rules, old problems, Thomas Hale
Fourteen asset managers sue Portuguese central bank, Thomas Hale and Martin Arnold
Annual Financial Report 2015, Heta Asset Resolution
Annual Report 2016 (Szanalasi Alap), Hungary: Szanálási Alap (Resolution Fund)
Italy NPLs obstacle to economic recovery - ECB, Il Sole 24 Ore
Hungary: Article IV Consultation Concluding Statement of the IMF Mission, International Monetary Fund (IMF)
Bank of Greece appoints special liquidator for NPL portfolio management, Nabiha Javaid
The Operation of the Single Resolution Mechanism in the Context of the EU State Aid Regime, Ioannis Kokkoris and Rodrigo Olivares-Caminal
Annual Report 2016, Magyar Külkereskedelmi Bank (MKB)
Annual Report of MKB Group 2016, Magyar Külkereskedelmi Bank (MKB)
Annex to letter Central Bank of Hungary to Andrea Enria, Magyar Nemzeti Bank (MNB)
Magyar Nemzeti Bank closes the restructuring of MKB after a successful market-based sales procedure, Magyar Nemzeti Bank (MNB)
New owners of MKB Bank Zrt selected under close supervision by the European Commission, Magyar Nemzeti Bank (MNB)
Publication of Magyar Nemzeti Bank's administrative action with regards to MKB Bank Zrt., Magyar Nemzeti Bank (MNB)
Bankia: Its Valuation Using Different Methodologies, Ãlvaro Moreno de Alborán de Cominges
Advisory report on the future direction of SNS Bank, NL Financial Investments
Sale of Propertize B.V. finalized, NL Financial Investments
Dutch gov't sells SNS Reaal real estate division for EUR900 million, NL Times
Mandate Notice, Republic of Austria: Financial Market Authority
The Facts about Hypo Alpe Adria, Republic of Austria: Financial Market Authority
Q&A with Bank of Italy Governor Ignazio Visco, Silvia Sciorilli Borrelli
Banco Popular Resolution Plan (2016), Single Resolution Board
Resolving Banco Espirto Santo: An Overview of the Application of Recovery and Resolution Measures in Portugal, Mariana Solá de Albuquerque and LuÃs Branco
Anbang turns Vivat a profit-maker, Zhuan ti
Bank Resolution and "Bail-in" in the EU: Selected Case Studies Pre and Post BRRD, World Bank/World Bank Group
UPDATE 1-Italian Bank Rescue Fund Atlante to Buy More Bad Loans, Valentina Za and Andrea Mandala
Documents from 2015
Former head of collapsed Portuguese bank BES put under house arrest, Agence France Presse (AFP)
Portugal Imposes Losses on Some Novo Banco Senior Bonds, Henrique Almeida and Anabela Reis
Productive Reconstruction Minister attacks central banker over ATEBank break up, Athens News Agency
Information on Resolution of Banca Marche, Banca Popolare Dell'Etruria e Del Lazio, Carichieti, and Cassa Di Risparmio Di Ferrara Crises, Banca d'Italia/Central Bank of Italy
Press Release December 30, 2015, Banca d'Italia/Central Bank of Italy
Law 11/2015 on the recovery and resolution of credit institutions and investment firms, Banco de Espana/Central Bank of Spain
Italy Bank Rescue Marred by Suicide and Lost Savings, BBC News
Decisions of the Financial Supervisory Authority on the disposal of assets and liabilities of commercial banks following the financial shock of 2008, Central Bank of Iceland
Financial Stability Report 2015/2, Central Bank of Iceland
European Central Bank Letter, Mario Draghi
Piraeus gets ahead of Greek bank capital queue, Helene Durand
Austrian 'Bad Bank' Bonds Slide--Update, Ben Edwards
Fitch: Italian Resolution Approach is Costly for Banking Sector, Electronic News Publishing
EFSF programme for Greece (expired 30 June 2015), European Stability Mechanism
Commission Decision of 22.11.2015 on the state aid SA.41134 (2015/N) implemented by Italy: Aid for the resolution of Banca Etruria, European Union: European Commission
Commission Decision of 22.11.2015 on the State Aid SA.41925 (2015/N) Implemented by Italy: Aide for the Resolution of Carife, European Union: European Commission
Commission Decision of 22.11.2015 on the state aid SA.43547 implemented by Italy: Aid for the resolution of Carichieti, European Union: European Commission
Commission Decision of 29.04.2016 on the state aid SA.39543 (2015/N), SA.41134 (2015/N), SA.41925 (2015/N), SA.43547 (2015/N) implemented by Italy: Amendment to the resolution of Banca Marche, Banca Etruria, Carife and Carichieti, European Union: European Commission
Note on the 2015 Comprehensive Assessment, European Union: European Commission
State aid SA.40441 (2015/N) - Hungary Restructuring of Magyar Kereskedelmi Bank Zrt., European Union: European Commission
Finansiel Stabilitet Annual Report 2014, Finansiel Stabilitet (FSC)
Senior debt up for re-evaluation as BRRD concerns take hold, Virginia Furness
Annual Financial Report 2014, Heta Asset Resolution
Interim Financial Report 2015, Heta Asset Resolution
Resolution Authority orders resolution measures pursuant to the Austrian Banking Restructuring and Resolution Act (BaSAG), Heta Asset Resolution
The bad part of MKB Bank has been separated, Hungary: Szanálási Alap (Resolution Fund)
Settlement of Icesave Claims, Icelandic Depositors’ and Investors’ Guarantee Fund (TIF)
Creditor Report 2015, Landsbanki
Deputy Governor Adam Balog resigns, Magyar Nemzeti Bank (MNB)
Selling process of MKB Bank to start, Magyar Nemzeti Bank (MNB)
Publication of Magyar Nemzeti Bank's resolution action with regards to MKB Bank Zrt., György Matolcsy
Portugal, Missing Deadline for Novo Banco Sale, Turns to Second Bidder, Raphael Minder
Moody's changes outlook on Heta's Ca Carinthian-state-guaranteed debt ratings to developing; affirms ratings, Moody's Investor Service
Advice For the Sale of Propertize, NL Financial Investments
Advisory report on the conditional sale of REAAL N.V. to Anbang Insurance Group Co. Limited, NL Financial Investments
NLFI Becomes Sole Shareholder of SNS Holding B.V., NL Financial Investments
Start sale process of Propertize B.V., NL Financial Investments
Announcement - 06 November 2015 exchange offers and proposals, Piraeus Bank
Announcement - 15 October 2015 exchange offers and proposals, Piraeus Bank
Announcement - 15 October 2015 Exchange Offers and Proposals Additional Announcement, Piraeus Bank
Piraeus Bank 3rd Quarter Financial Report 2015, Piraeus Bank
Piraeus Bank 3rd Quarter Financial Statements Information 2015, Piraeus Bank
Piraeus Banks Financial Statements Information 2015, Piraeus Bank
Bank Recovery Plan Regulation, Republic of Austria: Financial Market Authority
FACTBOX-Italy rescues four small banks, Reuters Staff
Portugal regulator suspends trading in Novo Banco debt, Reuters Staff
UPDATE 2-Austria imposes debt moratorium on Heta "bad bank", Reuters Staff
S&P revises Piraeus Bank's long-term counterparty credit rating, Louise Reyes
SNS REAAL announces sale VIVAT Verzekeringen to Anbang Insurance Group, SNS Reaal
Local cooperative fund closes the box, TV2 EAST
Italy's zero-cost bailout is too good to be true, Neil Unmack
Documents from 2014
Europe rethinks how to cure its debt hangover, Ralph Atkins
Federal Law Gazette No. 51/2014, Austria: Bundesgesetzblatt fur die Republik Osterreich (BGBl) / Federal Law Gazette for the Republic of Austria
Law 10/2014 of 26 June 2014 on the Regulation, Supervision and Solvency of Credit Institutions, Banco de Espana/Central Bank of Spain
Extraordinary meeting of the Board of Directors of Banco de Portugal (August 11, 2014), Banco de Portugal/Central Bank of Portugal