New world order for retail investors

Tyler Davies

August 04, 2016 11:45 am

Banco Espirito Santo with happy people — Lisbon, Portugal. 24th July 2014 -- Employees and customers at the headquarters of Banco Espirito Santo on Lisbon's Avenida da Liberdade. Police in Portugal detains former CEO of Banco Espirito Santo under suspicion of money laundering and tax evasion in the Monte Branco case. -- Police detains Ricardo Salgado at his home in Estoril. Salgado, who has recently stepped down as the CEO of Banco Espirito Santo, one of the largest banks in Portugal has been detained by police under suspicion of money laundering and tax evasion. Portugal: Former Espirito Santo CEO detained for questioning in Lisbon | Thomas Meyer / Demotix/Demotix/Press Association Images

As Banco Espírito Santo (BES) creditors await compensation after a bridge bank was established to bring forward the collapsed lender’s healthy assets, retail investors are increasingly being granted extra protection in cases of bank failure in Europe.

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Topics

Bank Capital Senior Debt Monte dei Paschi Europe EMEA FIG

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Tyler Davies