Clouds thicken around Novo Banco bail-in
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FIGSenior Debt

Clouds thicken around Novo Banco bail-in

Novo Banco Flickr 230x150

The Bank of Portugal ripped up the resolution rule book for its controversial bail-in of five Novo Banco senior bonds last week, throwing uncertainty on future resolutions and leaving investors to reassess their relationship with Portuguese bank debt, Tyler Davies reports.

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