Autopsy of Banco Popular Shows Fragility of EU Banking System by Don Quijones • Jun 29, 2017 • 25 Comments What would a disorderly bank collapse in Spain and Italy have done?
Banco Popular’s Co-Co Bonds Plunge as Balance Sheet Chaos Revealed in Potential Forced Sale by Don Quijones • May 29, 2017 • 7 Comments Spain’s sixth largest bank “itself cannot at this point make a rough calculation” of what its value is, “and if they can’t, neither can we.”
Hit by Run on Deposits, Banco Popular Denies it’s Looking for Rushed Takeover to Avert Collapse by Don Quijones • May 12, 2017 • 26 Comments Spain’s 6th largest bank: “We have liquidity until the end of the year.”
Customer Lawsuits Pummel Spanish Banks by Don Quijones • Jan 30, 2018 • 17 Comments After it collapsed, Banco Popular was discovered to have 55,000 complaints against it.
“Bail-In” Era for Europe’s Banking Crisis Begins by Don Quijones • Jun 7, 2017 • 91 Comments Many Banco Popular investors wiped out. Taxpayers off the hook. What it means for Italy.
The Banking Crisis in Spain is Back by Don Quijones • May 28, 2016 • 11 Comments The shares of Banco Popular got crushed.
European Bank Stocks Collapse to March 2009 & 1988 Levels by Nick Corbishley • Mar 10, 2020 • 64 Comments Just how much lower can they go? To Zero. And the ECB’s negative interest rates are driving them closer to it.
ECB’s NIRP-Forever Policy “Destroys Banks’ Profitability Equation”: Bankia CEO. Spanish Banks Reel. Problems Stack Up by Nick Corbishley • Jul 30, 2019 • 47 Comments Spain’s Big Five banks (already down from the Big Six) could soon be four.
Not Helpful for Crushed European Bank Stocks: Stress Test a Sham, European Court of Auditors Warns by Nick Corbishley • Jul 15, 2019 • 27 Comments Just when European banks need to inspire confidence more than ever.
Italy’s New Government Eats Its Words, Joins Bank Bailout Club by Don Quijones • Jan 10, 2019 • 30 Comments Well, that didn’t take long. Whatever happened to Eurozone’s new bail-in rule?
