Supervisors should be prepared to break up banks that cannot be managed through resolution, Andrea Enria, chairman of the European Banking Authority (EBA), said today.
"If you are convinced, as a supervisor, that in a crisis you can resolve a bank, I do not think there is a strong argument for a break-up", Enria noted during a debate about financial stability at the World Economic Forum event in Davos, Switzerland.
"If you have doubts about that, and it is a tough call, if you are not convinced
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