Resolution and Restructuring
Documents from 2017
Banco Popular bondholders seek to overturn resolution, Christopher Spink
Annual Financial Report 2016, The Bank of Cyprus
Listing on the London Stock Exchange, The Bank of Cyprus
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
Gyorgy Matolcsy's cousin, lieutenant buy shares on credit in bank recapitalized at taxpayer expense, Éva Várhegyi
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
Hypo Reorganization Act Violates Right to Property, Claudia Wutscher
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
Documents from 2016
Spain's Bankia Hit by Class Action Lawsuit over 2011 Listing, Agence France Presse (AFP)
Stress tests find Europe's bank sector would survive fresh crisis, Martin Arnold and Laura Noonan
S&P Upgrades Four Greek Banks, Mamta Badkar
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
Comunicado do Banco de Portugal sobre o relana§amento do processo de venda do Novo Banco, Banco de Portugal/Central Bank of Portugal
Press Release of Banco de Portugal on the Novo Banco sale process | Banco de Portugal, Banco de Portugal/Central Bank of Portugal
Annual Report 2015, Banco Espirito Santo
Liquidation Committee Message, Banco Espirito Santo
Bank Resolution: The European Regime, Jens-Hinrich Binder and Dalvinder Singh
HETA Wars: The Creditors Strike Back, Frances Coppola
Annual Report 2015, Dexia Group N.V./S.A.
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
Spain: Programme Overview, European Stability Mechanism
The guarantee granted by Belgium to the ARCO Group financial cooperatives infringes EU law, European Union: Court of Justice/ European Court of Justice/(CJEU)
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
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
Novo Banco Action Highlights Bridge Bank Retransfer Risks, Fitch Ratings
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
Information for Creditors and Investors, Heta Asset Resolution
Annual Report 2016 (Szanalasi Alap), Hungary: Szanálási Alap (Resolution Fund)
Heta Distressed Debt Restructuring Reviewed, Stephan Hutter and David Quartner
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)
False information can endanger the successful closing of the sale of MKB Bank, 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)
The Cyprus Bail-In: Policy Lessons from the Cyprus Economic Crisis, Alexander Michaelides and Athanasios Orphanides
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
Piraeus Banks Financial Statements Information 2015, Piraeus Bank
Mandate Notice, Republic of Austria: Financial Market Authority
Notification of the application of resolution measures in respect of Heta Asset Resolution AG according to Article 116 para 5 BaSAG, Republic of Austria: Financial Market Authority
The Facts about Hypo Alpe Adria, Republic of Austria: Financial Market Authority
Federal Law Gazette No. 69/2016, Republic of Austria: Parliament of Austria
Reporting About Certain Conditions in the Co-Operative Taxes JAK Slagelse under Control, Kromann Reumert
Resolution and Insolvency of Banks and Financial Institutions, Michael Schillig
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
The Implementation of the BRRD in Italy and its First Test: Policy Implications, Lorenzo Stanghellini
Anbang turns Vivat a profit-maker, Zhuan ti
Heta Creditors Hold Carinthia Talks as Regulator Cuts Debt, Alexander Weber and Boris Groendahl
Heta Creditors Hold Carinthia Talks as Regulator Cuts Debt, Alexander Weber and Boris Groendahl
Bank Resolution and 'Bail-In' In the EU: Selected Case Studies Pre and Post BRRD, World Bank/World Bank Group
Bank Resolution and "Bail-in" in the EU: Selected Case Studies Pre and Post BRRD, World Bank/World Bank Group
Understanding Bank Recovery and Resolution in the EU: A Guidebook to the 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
Comunicado do Banco de Portugal sobre acordo alcana§ado com a Comissao Europeia relativo ao Novo Banco, Banco de Portugal/Central Bank of Portugal
Press Release of Banco de Portugal on the Novo Banco Sale Process, Banco de Portugal/Central Bank of Portugal
Press Release of Banco de Portugal on the Novo Banco sale process | Banco de Portugal, Banco de Portugal/Central Bank of Portugal
Press Release of Banco de Portugal on the Results of Novo Banco in the Stress Test of the Comprehensive Assessment Conducted by the Single Supervisory Mechanism/European Central Bank, Banco de Portugal/Central Bank of Portugal
Communication relating to BES' Financial Statements as of December 31, 2015, Banco Espirito Santo
Release concerning BES' balance sheet as at 31 December 2014, Banco Espirito Santo
Release concerning BES' balance sheet as at 4 August 2014, Banco Espirito Santo
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
State to sell MKB Bank by end of June 2016, Daily News Hungary