Most readers of this column will have heard of bail-outs (e.g. use of government money to stabilize banks and other financial institutions); few will have heard of bail-ins (e.g. where use depositors’ and bondholders’ funds) is used to stabilize banks. During the 2008 Great Financial Crisis, regulators had no legislative authority for bail-ins. Hence in … Continue reading "Bail-ins: Are your Bank Deposits Safe? By Les Nemethy, CEO Euro-Phoenix M&A Advisors, former World Banker and Leo R...
