About: Elke König

Banking union 06-04-2018

Banks urged to improve IT systems to cope with crisis

Banks should invest more in IT infrastructure because providing quality data immediately makes all the difference when a bank needs to be resolved in an orderly fashion, the EU's Single Resolution Board has said.
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Euro & Finance 17-12-2014

Bank resolution authority set for launch

The Single European Mechanism (SRM) will be launched over the next three months, with the aim of rescuing or winding up stricken banks with minimal recourse to taxpayers’ money.