Bail-in should apply only to new bonds, Italian banking head says

Pubblicata il: 13/10/2016
Bail-in should apply only to new bonds, Italian banking head says
Fonte: IT.REUTERS.COM

BRUSSELS Oct 13 - The European Union's new rules imposing losses on investors in failing banks should apply only to financial instruments sold from this year, the head of the Italian banking association (ABI) said on Thursday. The EU introduced rules in January that force shareholders, bondholders and even large depositors to cover losses of at least 8 percent of a bank's liabilities before it..

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