You are here

EBA urges change in law to tighten bank payouts

Monday, December 21, 2015 - 05:50

eu.jpg
Europe's banking law should be amended to prevent banks from depleting capital to pay shareholders, employees and junior creditors, the European Banking Authority (EBA) told lawmakers.

Vienna

EUROPE'S banking law should be amended to prevent banks from depleting capital to pay shareholders, employees and junior creditors, the European Banking Authority (EBA) told lawmakers.

Restrictions on dividends, bonuses and hybrid bond coupons kick in as soon as banks start

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom