Is Cyprus the Warning Bell
After the crisis in Cyprus, even smaller depositors lost money in Cyprus banks. This raises a troubling question: will bank bail-ins—by depositors, creditors and bondholders—become the norm in other countries as well?
After the crisis in Cyprus, even smaller depositors lost money in Cyprus banks. This raises a troubling question: will bank bail-ins—by depositors, creditors and bondholders—become the norm in other countries as well?