Germany, U.K. Reject Softening EU Major Bank Failure RulesBy and
Nations propose fast TLAC introduction true to global standard
Reject TLAC caps and weakening of resolution authorities
Germany and the U.K. rejected efforts to soften the European Union’s implementation of global bank-failure rules intended to prevent taxpayer-funded bailouts.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.