The BES way out?
- 5 years ago
The Banco Espírito Santo rescue includes a split into good and bad banks. Lex's Oliver Ralph and Joseph Cotterill discuss whether this is a true bail-in and how much, if anything, shareholders and junior bondholders in the bad bank might recover.
For more video content from the Financial Times, visit http://www.FT.com/video
Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes
For more video content from the Financial Times, visit http://www.FT.com/video
Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes