Bail-out without bail-in? The restructuring of Carige and Banca Popolare di Bari
DOI:
https://doi.org/10.33119/SIP.2025.206.9Keywords:
resolution, bail-out, bail-in, Carige, Banca Popolare di BariAbstract
The article analyzes the cases of two Italian banks - Carige and Banca Popolare di Bari - which received systemic support without the formal initiation of a resolution procedure. A comparison of both interventions shows that EU member states can effectively support failing banks while avoiding the bail-in of bank liabilities by using hybrid mechanisms. The article highlights the need to clarify the rules on resolution and state aid within the EU and underscores the tensions between the theory and practice of the Banking Union.
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References
Akty prawne i inne dokumenty
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Artykuły naukowe
Biraschi, P. (2019). CreditSights, Carige: Private Solution With Systemic Support?, 16.08.2019.
Biraschi, P., Karja, P. (2019). CreditSights, Banca Popolare di Bari: State Aid, No Burden Share, 16.12.2019.
Biraschi, P., Knepper, L. (2019). CreditSights, Banca Popolare di Bari: State Rescue Confirmed, 15.06.2020.
Kowalski, A. (2018). Przymusowa restrukturyzacja banku (resolution) w praktyce – przypadki Banco Popular Español, Monte dei Paschi di Siena oraz Banco Popolare di Vicenza i Veneto Banca, Monitor Prawniczy, 20.
Zombirt, J. (2023). Środki publiczne a pomoc dla banków. Przypadek Carige Banca., Społeczeństwo i Polityka, 3 (76).
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