We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Singled out

14 May 2015 By George Hay

New global standards will ask banks to trap rescue capital in the main countries where they operate. That makes sense in principle, but states in the single currency bloc deserve special treatment. With the ECB now in control, one euro zone bail-in reserve per bank would suffice. 

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)