Investors won't be compensated for Popular, says SRB

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Investors won't be compensated for Popular, says SRB

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Investment adviser send business valuation document file to a businessman. | utah778 - stock.adobe.com

The Single Resolution Board said on Monday that it would not compensate creditors or shareholders who lost money as part of the resolution process for Banco Popular, after Deloitte found that these investors would have fared no better in an insolvency procedure.

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