SRB chair calls for new ‘pre-liquidation’ tools to deal with bank failures

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SRB chair calls for new ‘pre-liquidation’ tools to deal with bank failures

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Elke Koenig, chair of the Single Resolution Board, said this week that new ‘pre-liquidation’ supervisory tools could be used to address the problem of having banks that are too small for resolution and too big for insolvency.

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