Exact(58)
Euro fears prompt some depositors to leave Spanish banks.
Some retail banks require depositors to put equal amounts of money into other, more profitable, products.
Will it allow the (artificially low) interest rates that banks pay depositors to rise?
Bailing in the banks' bondholders (or even depositors) to spread the pain, would have unpleasant consequences.
When a run starts it is rational for others, even insured depositors, to join.
Now, there is every reason for depositors to seek out banks in the safest countries — and that means Germany.
The deposits that are converted to bank shares would theoretically allow depositors to recover their losses eventually.
China's capital controls also make it hard for depositors to escape this implicit tax by taking their money abroad.
Still, the idea of asking bank depositors to contribute something to the ten-billion-euro bailout wasn't wholly insane.
That levy is then returned anonymously to the home country, but it is easy for depositors to mask their identities.
She has also walked a fine line between pressuring banks to raise capital and urging depositors to remain calm.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com