Bank Bailout
latest news & developments
European ‘bank union’ could prevent another debt crisis
Plans underway by Angela Merkel’s Chancellory could see the power to deal with struggling banks move from national to European level.
Bankia executives jump ship with millions in payouts
A former senior executive at Bankia is to receive a 14-million payoff in a move that will cause controversy beyond the country’s borders.
An ode to odious Fred the Shred
FormerRoyal Bank of Scotland boss stripped of his knighthood after its collapse under his stewardship.
Irish case casts doubt on EU bank’s stress test
Doubts were raised about whether the Europe-wide "stress tests" of more than 90 banks published in July had been thorough enough.