So in other words, insured deposits were paid out fully and uninsured deposits got a big haircut. Sounds like the correct outcome to me.
Deposits have nothing to do with capital. If you have 1B in assets and 12B in liabilities you are insolvent.
Can you please provide examples of developed countries speaking "in the last few years of forcing depositors to take losses in the event of bank failures" and which ones "have actually done it"? Cyprus is the only…
So in other words, insured deposits were paid out fully and uninsured deposits got a big haircut. Sounds like the correct outcome to me.
Deposits have nothing to do with capital. If you have 1B in assets and 12B in liabilities you are insolvent.
Can you please provide examples of developed countries speaking "in the last few years of forcing depositors to take losses in the event of bank failures" and which ones "have actually done it"? Cyprus is the only…