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Spanish bank Banco Popular has collapsed

Editor’s Note: The collapse of Spanish megabank Banco Popular happened this month after government and regulators assured investors it had passed a stress test with the European Banking Authority.

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California Freelance Paralegal

Autopsy of Banco Popular Shows Fragility of EU Banking System

What would a disorderly bank collapse in Spain and Italy have done?

New information has revealed just how serious a threat a disorderly collapse of Spain’s sixth largest bank, Banco Popular, might have posed to Spain’s banking system. 207 more words

Brussels Business

Autopsy of Banco Popular Shows How Fragile Europe’s Banking System Is, by Don Quijones

How much longer can Europe and its banks keep dodging bullets? From Don Quijones at wolfstreet.com:

What would a disorderly bank collapse in Spain and Italy have done? 321 more words


Is Another Spanish Bank about to Bite the Dust?

Stockholders and junior bondholders fear a “bail-in.”

After its most tumultuous week since the bailout days of 2012, Spain’s banking system is gripped by a climate of fear, uncertainty and distrust. 142 more words


Popular, crónica de una muerte anunciada

En vista de algunas teorías peregrinas que se leen estos días en la prensa, me permito apuntar algunas ideas rápidas sobre lo ocurrido con el Banco Popular: 1,137 more words


“Bail-In” Era for Europe’s Banking Crisis Begins, by Don Quijones

It’s the foundation of bankruptcy for most companies, but the idea that shareholders and subordinated debt holders, creditors of a bank, should actually lose money when the bank is insolvent has been considered violation of a sacrosanct item of faith. 424 more words


This Is How A "Bail-Out" Becomes A "Bail-In" by Simon Black

Banco Santander just bought Banco Popular for one euro and probably overpaid. From Simon Black at sovereignman.com:

Here’s the perfect example of how insane our financial system has become. 337 more words