EU Commission: new law could include bail-in of uninsured deposits

It might be possible for large uninsured depositors to be “bailed-in” as part of the future resolution of a bank under a new draft EU law, the European Commission said on Tuesday, but savers with less than 100,000 euros at a bank would not be hit. “At no point is it possible to bail in depositors…

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EU Commission: new law could include bail-in of uninsured deposits

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