The ban on dividend payouts by the Eurozone’s supervisory authority is a discretionary action that clouds market expectations with regard to the equity of credit institutions.
Tobias Tröger: Even ardent Europeans may learn a (limited) lesson as the court is willing to take a deeper look into the machine room of central banks' operations.
In a new SAFE White Paper, Martin R. Götz, Tobias H. Tröger, and Mark Wahrenburg analyze the supervisory challenges ahead for banking regulation in Europe.