Anti-Brexit demonstrators gather outside the Houses of Parliament, in Westminster, London, Britain, March 25, 2019. REUTERS/Alkis Konstantinidis
March 26, 2019
BRUSSELS (Reuters) – Euro zone banks face no imminent risks from a no-deal Brexit, the head of the European Union agency responsible for dealing with failing lenders said on Tuesday.
Single Resolution Board’s chief Elke Koenig also said a court ruling last week which overturned an EU decision over the rescue of Italy’s Tercas bank in 2014 could open the way for a discussion on the role of deposit guarantee schemes beyond their core function of protecting savers of collapsing banks.
(Reporting by Francesco Guarascio, Editing by Gabriela Baczynska)