Dutch State announced Friday that it will sell a portfolio of 6.4 billion euros ($ 8.7 billion) of securities backed by mortgages that they took from ING during the financial crisis, so the Dutch bank will pay earlier than expected State aid, according to Reuters. The original agreement between the Government of the Netherlands and […]
Michel Barnier : ESM Could Become Bank Resolution Organization
The European Commission could provide a unique organization of bank resolution for only a limited period of time and then these attributes could reach the European Stability Mechanism (ESM), as suggested by the European Commissioner for the single market and services, Michel Barnier. Official in Brussels said, quoted by the German publication Handelsblatt: “We could […]