• 22:12
  • 26.02.2020
EBA's Enria sees challenge to 'bail in' rules in retail debt holdings
politics
26.02.2020

EBA's Enria sees challenge to 'bail in' rules in retail debt holdings

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“This is what I call the ‘retail challenge’ to banks’ resolvability,” Andrea Enria said in a speech delivered in Milan.

Even if banks stopped placing debt with retail investors now, by 2021 the current stock of retail holdings would still be one third of its current level.

“In a nutshell, the amortization profile of the existing stock is such that the retail challenge is bound to last for a while,” he said.
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