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Deposit brokers may be taking EU bank-guarantee rules for a ride, SRB chief says

By Jack Schickler ( July 1, 2021, 14:06 GMT | Insight) -- Deposit brokers such as Raisin may be exploiting loopholes in the EU’s bank-guarantee framework, EU banking regulators have warned as they pore over the ashes of the defunct Greensill Bank. Helping customers find the best deal could aid competition, but may also be revealing the cracks in the EU's legal framework for preventing bank runs.Deposit brokers such as Raisin may be exploiting loopholes in the EU’s bank-guarantee framework, regulators have warned as they pore over the ashes of the defunct Greensill Bank. ...

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