Deloitte report expected as Popular bondholders back ‘foul play’ probe

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Deloitte report expected as Popular bondholders back ‘foul play’ probe

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A logo sign outside of a Banco Popular branch in Barcelona, Spain on August 30, 2017. Photo by Kristoffer Tripplaar | Kris Tripplaar/SIPA USA/PA Images

A group of bondholders that lost money after Banco Popular failed last year have applied to join a criminal investigation into the bank’s collapse. The move comes ahead of the Single Resolution Board’s (SRB) expected publication of the valuation report that accompanied its resolution decision.

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