Draghi Says Bank-Aid Rules Must Be Flexible on Forced Losses

European Central Bank President Mario Draghi said banks should be able to access public aid without wiping out junior bondholders if regulators decide a lender needs more capital and isn’t on the brink of failure. Draghi urged the European Union to make clear when it will allow exceptions to stat…

Excerpt from: 
Draghi Says Bank-Aid Rules Must Be Flexible on Forced Losses

Leave a Reply