Anyone got an opinion on the effect of the SRB on the stock price for banks and more specific Greek banks? https://srb.europa.eu/en/node/632
The SRB has emerged after the 2008 EU bankcrisis and has the capability to keep stockowners etc. responsible during failure by reducing stockprices. This should only be used in certain cases and for systembanks but it already happened to a Spanish bank: https://srb.europa.eu/en/node/315
I assume it reduces upwards potential since more knowable traders will keep this risk in mind?
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