Regulators draw ‘big line’ between senior and capital

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Senior Debt

Regulators draw ‘big line’ between senior and capital

Jasper Cox
June 08, 2017 07:30 PM
Popular_Santander_PA_230x150
May 16, 2017 - Madrid, Madrid, Spain - Several people walk past branches of Popular and Santander banks in Madrid, Spain. (Credit Image: © Jorge Sanz/Pacific Press via ZUMA Wire) | Jorge Sanz/Zuma Press/PA Images

Banco Popular’s senior bondholders walked away from this week’s resolution process unharmed, but there is no guarantee this would happen in other resolutions.

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